What commercial mortgage options are available in Tennessee?

Commercial property owners in Tennessee can access conventional bank loans, SBA 504 programs, CMBS conduit loans, private bridge loans, and debt fund financing. Options vary by property type, loan size, and borrower profile.

What loan sizes do commercial lenders in Tennessee typically fund?

Commercial lenders in Tennessee fund loans ranging from $500K to $50M+. Most active lenders focus on the $1M–$15M range for stabilized properties with good cash flow.

How long does it take to refinance a commercial property in Tennessee?

Conventional lenders typically take 60–90 days. Private and bridge lenders can close in 10–30 days. Working with a broker who knows Tennessee lenders speeds the process significantly.

Tennessee Commercial Mortgage Refinance

Tennessee has become one of the most active commercial real estate states in the Southeast, driven by major corporate relocations to Nashville and Memphis, no state income tax, and strong population in-migration. If you own commercial property in Tennessee and need to refinance, access equity, or navigate a balloon maturity, RefiLoop connects you with lenders active across the state.

Tennessee CRE Market Overview

Tennessee’s two anchor markets tell different stories. Nashville is one of the hottest CRE markets in the country — multifamily, mixed-use, and office have all seen sustained demand from an influx of residents and corporate relocations (Oracle, Amazon, AllianceBernstein). Memphis is the logistics capital of the mid-South, with FedEx headquartered there and significant industrial demand driven by the Memphis International Airport cargo hub.

Secondary Tennessee markets — Knoxville, Chattanooga, and Murfreesboro — have seen significant spill-over demand as Nashville prices have pushed investors and tenants further afield.

Types of Commercial Loans Available in Tennessee

Permanent refinance: 5–10 year fixed or ARM for stabilized assets — strong options exist for both Nashville and Memphis markets
Bridge loans: Private capital for value-add deals, lease-up plays, and balloon maturities
CMBS loans: Non-recourse fixed-rate financing for larger stabilized assets ($2M+)
Life company loans: Long-term, low-rate financing available for high-quality Nashville/Memphis assets ($5M+)
SBA 504: Owner-occupied commercial properties at favorable fixed rates

Common Tennessee Refinance Scenarios

Nashville multifamily owners with 2019–2022 originations hitting balloon maturities in a higher-rate environment
Memphis industrial property owners wanting to pull equity after strong appreciation in the logistics submarket
Retail and mixed-use owners in emerging Nashville submarkets (East Nashville, The Gulch, Germantown) stabilizing post-renovation
Knoxville and Chattanooga property owners whose regional bank has tightened CRE lending
Hospitality property owners in Nashville navigating post-pandemic recovery refinancing

Tennessee Lending Advantages

Tennessee offers several structural advantages for CRE borrowers:

No state income tax — improves net operating income calculations for lender underwriting
Efficient foreclosure process — lenders are comfortable lending in TN because the legal process is predictable
Strong rent growth — particularly in Nashville and suburbs, supports aggressive valuations from lenders
Diverse lender pool — both local community banks and national lenders are active in Tennessee markets

How RefiLoop Serves Tennessee Borrowers

RefiLoop (NMLS #2510864) is a commercial mortgage brokerage specializing in Tennessee commercial loans from $500K to $15M. We work with borrowers across Davidson, Shelby, Knox, Hamilton, Rutherford, and surrounding counties. Whether you need a conventional refinance, a bridge loan to meet a balloon deadline, or a cash-out to fund your next acquisition, we match your deal to the right lender.

Frequently Asked Questions

What property types does RefiLoop finance in Tennessee?

Multifamily (5+ units), retail, office, industrial, hospitality, mixed-use, and self-storage across Nashville, Memphis, Knoxville, Chattanooga, Murfreesboro, and surrounding markets.

How fast can I close a commercial refinance in Tennessee?

Conventional financing typically takes 45–75 days. Bridge loans through private lenders can often close in 2–4 weeks. Tennessee’s title process is generally efficient.

My balloon is due and my bank isn’t renewing — can RefiLoop help?

Yes — this is our most common scenario. We can typically find bridge or permanent options even on short timelines. See our guide: Commercial Balloon Payment Coming Due.

Ready to refinance your Tennessee commercial property? Contact RefiLoop for a free consultation — we respond within 24 hours.

Complete guide: Commercial Mortgage Refinancing — The Complete Guide →

Commercial Mortgage Refinance by City in Tennessee

We work with property owners across Tennessee. Select your city for local market information and financing options:

Cities We Serve in Tennessee

About David Greenbaum

David Greenbaum is a commercial mortgage broker and co-founder of RefiLoop. He specializes in helping commercial property owners refinance maturing loans between $200K and $15M across Texas, Florida, Georgia, North Carolina, Ohio, and other priority markets. With hands-on experience in commercial bridge loans, debt fund financing, and conventional CRE refinancing, David helps borrowers find the right capital source for their situation — not just the easiest one.

Tennessee Commercial Mortgage Refinance | RefiLoop