Professional Commercial Note Buyers | Fast Cash Offers | 29 Years of Excellence
Get the best cash value for your commercial mortgage note with our professional buying service
What Are Commercial Note Buyers?
Commercial note buyers are professional investors and companies that purchase seller-financed mortgage notes secured by commercial real estate. When a commercial property is sold with owner financing, the seller receives monthly payments over time. Commercial note buyers like Note Buyers of America purchase those payment streams for a lump sum of cash.
Commercial notes differ from residential notes in several ways: they typically involve larger balances, longer due diligence periods, and more complex property evaluations. Factors like tenant quality, lease terms, property condition, environmental considerations, and market vacancy rates all influence commercial note pricing. Working with an experienced commercial note buyer ensures accurate valuations and smooth closings.
Types of Commercial Notes We Buy
Office buildings: Single-tenant and multi-tenant office properties
Retail storefronts: Strip malls, standalone retail, and shopping centers
Industrial and warehouse: Manufacturing facilities, distribution centers, and flex space
Mixed-use buildings: Properties combining commercial and residential use
Multi-family apartments: 5+ unit apartment complexes and apartment buildings
Hotels and motels: Hospitality properties with owner financing
Gas stations and convenience stores: Fuel retail with attached real estate
Medical and dental offices: Healthcare professional buildings
How Commercial Note Valuation Works
Commercial note pricing considers several factors beyond what residential notes use:
Net operating income (NOI): The property's income after operating expenses is the primary driver of commercial property value.
Loan-to-value ratio: More buyer equity reduces risk and increases the offer.
Lease terms: Long-term leases with creditworthy tenants are more valuable. Triple-net (NNN) leases are preferred.
Property condition: Well-maintained properties with recent inspections command better pricing.
Interest rate and remaining term: Higher rates and shorter terms improve cash flow projections.
Environmental risk: Properties with Phase I environmental assessments reduce investor risk.
Market conditions: Local vacancy rates, comparable sales, and market trends affect pricing.
Sell a Commercial Mortgage Note in 3 Steps
Submit your details: Tell us about the commercial note — property type, address, remaining balance, interest rate, payment amount, and lease information.
Receive your cash offer: Within 24 hours you receive a written offer with transparent pricing.
Close and get paid: We handle commercial appraisal, title search, environmental review, and all closing paperwork. Most closings take 21-30 days.
Frequently Asked Questions
Who buys commercial mortgage notes?
Professional commercial note buyers like Note Buyers of America purchase seller-financed commercial mortgage notes secured by office, retail, industrial, mixed-use, and multi-family properties nationwide.
How much is my commercial note worth?
Commercial notes typically sell for 70-90% of the unpaid balance for performing first-lien notes. Pricing depends on property type, NOI, LTV, lease terms, payment history, and market conditions.
How long does it take to sell a commercial note?
You receive a cash offer within 24 hours. Commercial note closings typically take 21-30 days due to commercial appraisals and additional due diligence.
Do you buy non-performing commercial notes?
Yes. We purchase both performing and non-performing commercial notes. Non-performing commercial notes are priced based on property equity, location, and recovery potential rather than cash flow.