Question 1

Do you have Jacksonville office, industrial, or multifamily cap rate and vacancy numbers?

Accepted Answer

Not published ones we're willing to quote you. A current sourced pull of Jacksonville-specific office, industrial, retail, and multifamily vacancy, absorption, rent, and cap rate data was not available when we researched this page. Rather than repeat a stale or unverified figure, we underwrite your asset on its actual rent roll, trailing operating statements, and a fresh appraisal, and an agency or wholesale lender will do the same. If a broker quotes you a metro cap rate, ask for the source and the date.

Question 2

What's the demand story behind port-driven warehouse and distribution product here?

Accepted Answer

A working port with real cargo growth, not a projection. JAXPORT handled 10,230,114 total tons in fiscal 2025, up 1.8% from fiscal 2024, and 1,388,841 TEUs of container volume, up 3.6%, across 1,611 vessel calls. A 2024 Martin Associates study commissioned by the port credits it with 30,764 direct port-dependent jobs in the Jacksonville area and $44 billion in annual economic impact statewide. Duval County's own transportation and warehousing sector counted 49,535 jobs in the fourth quarter of 2025, more jobs than the county's accommodation and food services or finance and insurance sectors. That is the demand base for industrial and flex product along the Northside, I-295, and Imeson corridors that an agency or wholesale lender wants to see before placing long-term debt on it.

Question 3

Is there a health-care demand angle for permanent debt on Jacksonville commercial assets?

Accepted Answer

Yes, and it's the metro's fastest-growing employment sector. Education and health services added 10,100 metro jobs between June 2024 and June 2026, while total nonfarm payrolls grew only 0.3% year over year over the same recent period. Duval County alone counted 92,292 health care and social assistance jobs in the fourth quarter of 2025, the county's single largest sector. That growth, alongside a metro that is otherwise flat on payrolls, is a sourced case for medical office and health-care-adjacent commercial product, even without a published vacancy or absorption number to cite.

Question 4

How does Florida's judicial foreclosure process affect a permanent lender's risk in Jacksonville?

Accepted Answer

It's slower than a non-judicial state, and Jacksonville's litigation rate runs well below South Florida's. Florida foreclosures run through the circuit court; the national average time to complete a foreclosure was 563 days in Q2 2026, against 155 days in non-judicial Texas. Inside that statewide picture, FLOIR's regional claims data places the entire Jacksonville metro, all five counties, in its lowest litigation bucket at 8.16% of closed property insurance claims litigated in 2025, against 27.27% in Palm Beach, Broward, and Miami-Dade. That is a comparatively favorable insurance-litigation environment, which is a factor in how a permanent lender prices risk on a stabilized asset here.

Question 5

Will my property tax bill jump after I close on a stabilized Jacksonville asset?

Accepted Answer

Plan for a reset, and check which of Duval's urban services districts the property sits in. Duval County's 2025 final millages run from 17.2004 mills in Atlantic Beach to 18.9701 in the Town of Baldwin, with the old City of Jacksonville and the general services district both at 17.7412, and school levies are 6.3430 of that 17.7412, about 36% of the bill. Florida's 10% non-homestead assessment cap is a residential rule: Florida Statutes section 193.1554 covers non-homestead residential property of nine or fewer dwelling units, it resets entirely when the property transfers, and by statute it never applies to school district levies, so that school share reassesses at full market value every year. We do not have a sourced cap rule to give you for a larger commercial or multifamily asset, so confirm how the county property appraiser assesses your specific parcel before you size a permanent loan, not after you lock a rate.

Question 6

What is permanent commercial financing?

Accepted Answer

Permanent (or perm) financing is long-term debt on a stabilized commercial property, the loan you move into once a building is leased up and performing. It replaces short-term bridge or construction debt with a longer fixed term and a lower rate.

Question 7

What channels do you place loans through?

Accepted Answer

We place permanent debt through agency multifamily programs (Fannie Mae and Freddie Mac), insurance companies, and other wholesale lenders. Because we shop multiple sources, we can match your asset to the program with the best long-term terms.

Question 8

What properties qualify?

Accepted Answer

Stabilized multifamily of five units and up, plus mixed-use and other commercial assets with a solid operating history. Agency multifamily in particular looks for occupancy and cash flow that support long-term debt.

Question 9

How is this different from your CRE bridge program?

Accepted Answer

The bridge program is short-term capital to acquire or reposition a property; permanent financing is the long-term exit once it is stabilized. Many investors use both in sequence, bridging to stabilize and then refinancing into permanent debt. We can line up both.

Question 10

What rates and terms can I expect?

Accepted Answer

Permanent commercial rates run well below bridge pricing and move with the agency and wholesale market, on long fixed terms. The exact rate depends on the asset, the program, and current conditions, and we will walk you through the options.

Question 11

How long does a permanent placement take?

Accepted Answer

Plan on several weeks, since agency and wholesale permanent loans require full underwriting, third-party reports, and lender approval. We manage the placement and keep one point of contact on your file from quote to close.

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