Commercial Real Estate Financing in Nevada

Commercial Loan Direct (CLD) provides commercial real estate loans in the state of Nevada. Current commercial loan rates in Nevada range from 4.9% to 12.85%, depending on the loan program. CLD is a national commercial mortgage banker offering aggressively priced programs and superb service. CLD originates loans for its parent company CLD Financial which provides a wide variety of lending vehicles. Our company is currently targeting owner occupied and investment properties over $1 Million in the state of NV.

Nevada Commercial Loan Rates

Loan Types Rates LTV Loan Amount Occupancy
Conventional 4.9% - 8.85% 80% $1,000,000+ Investment + Owner Occupied
Conduit / CMBS 5.8% - 7.76% 75% $2,000,000+ Investment
Insurance 5.2% - 8.58% 75% $5,000,000+ Investment + Owner Occupied
FHA / HUD 4.84% - 6.19% 83.3% $5,000,000+ Investment
USDA 5.35% - 9.7% 85% $1,000,000+ Investment + Owner Occupied
Bridge 5.85% - 12.85% 80% $1,500,000+ Investment
Construction 5.6% - 8.85% 83.3% $1,000,000+ Investment
SBA 5.35% - 8.85% 85% - 90% $1,000,000+ Owner Occupied

Note: The commercial mortgage rates displayed in this website should be used as a guideline and do not represent a commitment to lend. Commercial Loan Direct and CLD Financial, LLC are not liable for any commercial mortgage interest rate or data entry errors that might affect the displayed commercial loan rates. Commercial loan rates may change at any time and without notice.

Types of Commercial Loans in Nevada

Investment Property Mortgages

The types of mortgages available for these types of properties are Conventional, CMBS / Conduit, Insurance, and Agency (FHA / HUD and USDA) products. Bridge and/or Construction mortgages are also available on a case-by-case basis in order to reposition, stabilize or construct buildings. Commercial real estate investment properties can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospitals), hospitality, (hotel, motel, resort), and mixed use.

Owner Occupied Commercial Mortgages

Owner-Occupied commercial real estate properties in which the owner occupies at least 50% of the premises and can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospital), hospitality (hotel, motel, resort), mixed use, or any other type of commercial property. The types of mortgages available for owner-occupied buildings include Conventional, Insurance, and Agency programs including FHA / HUD, SBA, and USDA. Construction mortgages are also available on a case-by-case basis in order to develop or reposition a property for the owner's use.

Commercial loan landscape in Nevada (high-level snapshot)

Nevada’s commercial lending market is active but risk-aware. Capital is available across banks, credit unions, and non-bank lenders, but underwriting is disciplined and heavily influenced by tourism exposure, expense volatility, and market liquidity. Lenders reward stable cash flow and conservative leverage over speculative growth narratives.

What lenders are most comfortable financing

Industrial and logistics properties are among the most lender-favored asset classes, particularly in the Las Vegas metro and Reno–Sparks region. Modern facilities with strong tenant demand and longer lease terms underwrite best.

Owner-occupied properties remain highly financeable when supported by established operating businesses with consistent historical performance.

Stabilized multifamily can finance when occupancy and collections are solid, though lenders closely review expense growth and recent rent trends.

Service-based and necessity retail (medical, grocery-adjacent, professional services) continues to attract lender interest when tenancy is durable.

Where underwriting gets tougher

Hospitality is financeable but underwritten cautiously due to sensitivity to tourism cycles, labor costs, and economic volatility.

Office faces increased scrutiny, especially older buildings or assets with limited tenant depth outside prime submarkets.

Value-add and transitional deals require more equity, more reserves, and conservative stabilization assumptions.

Market-by-market dynamics (how lenders tend to think)

Las Vegas Metro: The deepest lender pool in the state. Industrial, multifamily, and owner-occupied assets are favored, while hospitality and office face tighter terms.

Reno–Sparks: Viewed as logistics- and manufacturing-friendly, with strong lender appetite for industrial and flex properties.

Secondary and rural markets: Financing is more selective and relationship-driven, with conservative leverage and focus on essential-use properties.

Who is lending in Nevada (and what that means for terms)

Regional and national banks are active but selective, often favoring stabilized assets and experienced borrowers.

Credit unions can be competitive for owner-occupied and smaller-balance loans.

Debt funds and non-bank lenders play a larger role in transitional and hospitality-related deals, typically at higher cost.

Life companies and institutional lenders focus on large, stabilized assets with long-term income visibility.

Key underwriting themes unique to Nevada

Tourism and cyclical exposure are central underwriting considerations.

Expense sensitivity, particularly insurance, labor, and utilities, is closely stressed.

Sponsor liquidity and experience often carry as much weight as property-level metrics.

What “good” looks like to a Nevada lender right now

A strong Nevada loan request typically includes conservative leverage, defensible historical NOI, stable tenancy, and experienced sponsorship.

Deals relying on aggressive projections, rapid repositioning, or short-term exits tend to struggle.

Bottom line

Nevada is a capital-available but underwriting-driven lending market. Industrial, owner-occupied, and stabilized multifamily assets offer the clearest paths to financing, while hospitality, office, and highly transitional projects face tighter terms.

Locations Served in Nevada

We are proud to be serving the state of Nevada. Here are our commercial loan statistics for this state.

Nevada Cities and Towns Served

24

Lending Cities

Commercial loan direct provides services in the following Nevada cities. Please note we may be able to provide services in other cities as well by request. Rates are dependent on the market in your locale, feel free to use the provided Nevada economic reports to get a better understanding of your market.

  • Alamo
  • Battle Mountain
  • Beatty
  • Boulder City
  • Bunkerville
  • Caliente
  • Carlin
  • Carson City
  • Churchill County
  • Clark County
  • Cold Springs
  • Dayton
  • Douglas County
  • East Valley
  • Elko
  • Elko County
  • Ely
  • Enterprise
  • Esmeralda County
  • Eureka
  • Eureka County
  • Fallon
  • Fernley
  • Gardnerville
  • Gardnerville Ranchos
  • Golden Valley
  • Goldfield
  • Hawthorne
  • Henderson
  • Humboldt County
  • Incline Village
  • Indian Hills
  • Jackpot
  • Johnson Lane
  • Kingsbury
  • Lander County
  • Las Vegas
  • Laughlin
  • Lemmon Valley
  • Lincoln County
  • Lovelock
  • Lyon County
  • McGill
  • Mesquite
  • Minden
  • Mineral County
  • Moapa Town
  • Moapa Valley
  • Mogul
  • Nellis Air Force Base
  • North Las Vegas
  • Nye County
  • Pahrump
  • Paradise
  • Pershing County
  • Pioche
  • Reno
  • Sandy Valley
  • Silver Springs
  • Smith
  • Smith Valley
  • Spanish Springs
  • Sparks
  • Spring Creek
  • Spring Valley
  • Stagecoach
  • Storey County
  • Summerlin South
  • Sun Valley
  • Sunrise Manor
  • Tonopah
  • Topaz Ranch Estates
  • Verdi
  • Virginia City
  • Washoe County
  • Wells
  • West Wendover
  • White Pine County
  • Whitney
  • Winchester
  • Winnemucca
  • Yerington

Commercial Loan FAQs in Nevada

Commercial interest rates in Nevada vary based on loan type, property type, loan-to-value, debt service coverage ratio, borrower strength, and market conditions. They range from approximately 4.9% to 12.85%.

Borrowers in Nevada can access Conventional, CMBS/Conduit, Insurance, FHA/HUD, USDA, Bridge, Construction, and SBA financing based on property type, leverage, and occupancy.

Commercial loan rates in Nevada depend on loan type, property cash flow, debt service coverage ratio, loan-to-value, borrower strength, and market conditions.

Yes. Owner-occupied financing is available in Nevada, including Conventional, Insurance, SBA, USDA, and selected agency programs when eligibility requirements are met.

Yes. Refinance options in Nevada include rate-and-term and cash-out structures, subject to underwriting, property performance, and lender program guidelines.

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