Commercial Real Estate Loan — First Horizon National Corporation

First Horizon National Corporation offers a comprehensive Commercial Real Estate Loan designed for business owners, investors, and developers seeking financing for income-producing properties, owner-occupied commercial buildings, acquisition of land, or refinancing existing commercial mortgages. This lending solution combines flexible structures, experienced underwriting, and tailored customer service to help borrowers achieve long-term investment and operational goals while preserving cash flow and managing risk.

Product Overview

Our Commercial Real Estate Loan is intended to support a wide range of commercial property needs — from office, retail, industrial and multifamily assets to specialized properties such as healthcare facilities and hospitality. Available loan structures include fixed- and variable-rate mortgages, adjustable-rate options, interest-only periods, and amortization schedules tailored to project cash flows and investment strategies. Financing is available for acquisitions, construction, renovation, and refinancing, with terms structured to match the property type, loan purpose, and borrower profile.

Key Features

• Flexible Terms: Options for short-term bridge financing, medium-term loans, and long-term amortizing mortgages designed to meet different investment horizons.
• Competitive Pricing: Pricing and fees calibrated to market conditions and borrower creditworthiness, with an emphasis on delivering value over the life of the loan.
• Custom Amortization: Amortization schedules that can include interest-only periods, balloon payments, or fully amortizing structures to align with property cash flow.
• Diverse Loan Purposes: Financing for acquisition, construction, renovation, leasehold improvements, and refinancing of existing commercial debt.
• Experienced Underwriting: Sector-specific underwriting expertise to evaluate property cash flows, tenant mix, location dynamics, and long-term marketability.
• Loan Servicing Support: Dedicated servicing teams to provide ongoing loan administration, reporting, and borrower support throughout the loan term.

Eligible Property Types

The product accommodates a broad range of property types commonly financed in commercial markets:

• Multifamily apartments
• Office buildings and professional spaces
• Retail centers, strip malls, and standalone retail stores
• Industrial warehouses, distribution centers, and manufacturing facilities
• Medical and healthcare-related properties
• Hospitality and lodging (subject to underwriting criteria)
• Mixed-use developments
• Land acquisition and land development (subject to construction financing requirements)

Benefits for Borrowers

• Predictable Cash Flow Management: Structure payments and amortization to match rent rolls and operational income.
• Capital Preservation: Competitive loan-to-value options that enable investors to preserve equity while expanding portfolios.
• Growth and Redevelopment: Access to capital for repositioning assets, modernizing facilities, or expanding footprints.
• Professional Guidance: Experienced commercial lenders and credit teams provide tailored advice on financing strategy and documentation.
• One-Stop Relationship Banking: Coordination with treasury, deposit, and cash-management services to streamline business operations.

Eligibility and Underwriting

Eligibility is evaluated on a combination of borrower and property factors. Typical considerations include creditworthiness, experience of the sponsor or owner, property cash flow and occupancy, tenant quality, location and market fundamentals, and the overall loan-to-value (LTV) and debt service coverage ratio (DSCR). Each transaction is reviewed individually to structure terms that reflect the risk profile and performance expectations of the asset.

Common underwriting benchmarks may include a demonstrated history of property performance (for stabilized assets), detailed pro forma projections (for development or redevelopment), and documentation of borrower liquidity and net worth. For new construction or substantial rehabilitation projects, feasibility studies, construction budgets, and project timelines are required to support loan underwriting.

Documentation and Requirements

To streamline the process and support timely credit decisions, borrowers should be prepared to provide standard commercial loan documentation, which typically includes:

• Loan application and credit authorization
• Organizational documents for corporate or partnership borrowers
• Financial statements for the borrower and affiliates
• Tax returns (personal and/or business) as applicable
• Property-level financials, rent rolls, and leases
• Appraisal or market valuation
• Environmental assessments and property condition reports
• Construction plans, budgets, and contractor information for development loans
• Proof of insurance and compliance documentation

Loan Process and Timeline

The loan process typically follows a structured path from initial inquiry to closing:

1. Initial Consultation: Discuss objectives, property details, and preliminary terms with a lending officer.
2. Application Submission: Provide required documentation and property information for initial review.
3. Underwriting and Due Diligence: Comprehensive review of financials, appraisal, environmental and title matters, and legal documentation.
4. Credit Approval: Formal approval based on underwriting findings and agreed-upon conditions.
5. Closing: Execution of loan documents, funding of loan proceeds, and recording as required.
6. Servicing: Ongoing loan administration and borrower support during the loan term.

Repayment and Exit Strategies

Repayment options are structured to match the borrower’s business plan and could include periodic principal and interest payments, interest-only periods followed by amortization, or balloon maturity with refinancing or sale as the intended exit. Borrowers are encouraged to plan exit strategies that align with market timing, asset disposition plans, or portfolio refinancing objectives. All terms, prepayment privileges, and potential prepayment penalties are disclosed in loan agreements.

Risk Management and Compliance

First Horizon National Corporation applies robust risk management and compliance practices to help mitigate lender and borrower risks. This includes thorough evaluation of environmental liabilities, adherence to applicable regulatory standards, and monitoring of property and market trends throughout the loan lifecycle. Borrowers must maintain required insurance coverages and comply with covenants established in credit agreements to protect the investment and maintain lender-borrower alignment.

Why Choose This Loan

This Commercial Real Estate Loan combines tailored financing solutions with experienced commercial banking expertise, providing borrowers with the tools to acquire, improve, and manage income-producing properties effectively. The product is best suited for borrowers seeking relationship-driven service, flexible loan structuring, and a partner capable of supporting both single-asset transactions and larger portfolio strategies.

Important Notes

All loans are subject to credit approval, underwriting review, and loan documentation. Terms, conditions, and availability may vary by market, property type, and borrower profile. Borrowers should consult directly with a lending representative to discuss specific financing needs, eligibility, and current program offerings.

For prospective borrowers seeking customized commercial real estate financing, a conversation with a dedicated loan officer will identify the optimal structure and path forward for each unique property and investment objective.

Address Bank: Memphis, Tennessee, U.S.
Bank: First Horizon National Corporation
Headquarters: Memphis
Products: Loans & Credit
Type: Commercial Real Estate Loan