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ACCESSIBLE AND ACCOUNTABLE

Looking to mitigate risk and enhance opportunities? Turn to Old National for your CRE needs.  

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COMMERCIAL REAL ESTATE

The Commercial Real Estate Team at Old National Bank is committed to providing high-quality financing solutions1 across the Midwest. Unlike other local financial institutions, we take a long-term view of commercial real estate lending. That is why we have continuously been an active lender, even during economic downturns.

  • Two colleagues outside looking at a building

    OUR EXPERIENCED TEAM

    Our Relationship Managers average more than 20 years of experience in commercial real estate lending.

    • We are accessible and accountable, providing you with one point of contact from application to approval to closing and beyond.  
    • We are consistent and reliable, delivering what we promise with certainty of execution.  
    • We are streamlined and efficient, handling all underwriting and portfolio management in-house. 
    • All of our credit decisions are made locally by people who understand the marketplace.  
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    WHAT WE OFFER

    Property types financed:

    • Apartments
    • Industrial
    • Self Storage
    • Retail
    • Office
    • Manufactured Housing

    Financing Options:

    • Construction, Value Add and Term financing available
    • Fixed and floating rate options available
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    WHERE WE OPERATE

    We serve clients anywhere within the expanding footprint of Old National, which currently includes: 

    • Illinois
    • Indiana
    • Iowa
    • Kentucky
    • Michigan
    • Minnesota
    • Missouri
    • Ohio
    • Tennessee
    • Wisconsin

    We take your deadlines seriously and adhere to all time constraints. We keep you apprised early in the process of the types of financing solutions we can provide to grow your business. 

Loan Parameters
Old National is committed to meeting the needs of our clients and partners. The table below should help you better understand the guidelines we utilize when structuring a commercial real estate transaction.1

Investment Type: First Mortgage
Sponsorship: Experienced with demonstrated track record in asset class
Transaction Size: $500,000 - $50MM
Loan-to-cost: Not to exceed 85% of project costs
Loan-to-value:

Not to exceed 80% on a stabilized basis

Index: Variable rate loans and SWAP fixed rate loans available
Term: Up to 120 months
Loan Fees: Up to 1%
Amortization: Amortization periods of up to 30 years
Recourse: Negotiable

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Get started with our Commercial Bankers today.

EQUIPMENT FINANCE

Don’t let outdated equipment hinder your ability to compete.1

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ASSET BASED LENDING

Get access to the resources you need for automation, product innovation, and more with our asset based lending group.

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WEALTH MANAGEMENT

Advice and a suite of customized financial solutions to help you manage all aspects of your financial life — whether you are focused on growing wealth, maintaining the nest egg you have built, or protecting your family’s future.2

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1 Subject to credit approval. If the security interest is property, property insurance will be required.
2 Wealth Management services are offered through Old National Bank. Most Wealth Management products are not FDIC insured.