Small commercial building loans — Maryland market example. Nationwide: Jaken finances commercial bridge and owner-occupied acquisition in all 50 states. Hubs: owner-occupied commercial loans · assisted living facility financing.
Maryland sits inside the DMV capital belt — federal workforce demographics, Prince George’s group-home and RAL demand, and Montgomery medical/office owner-user bays create steady sub-$2M commercial deal flow. This page covers Maryland-specific economics — not a geographic limit on lending.
Licensing: Maryland Developmental Disabilities Administration · Group-home playbook: group home investing DMV
Maryland commercial segments
| Segment | Geography | Typical buy | Product |
|---|---|---|---|
| Group home / RAL | Prince George’s, Charles, Anne Arundel | $350K–$650K SFR | Bridge → SBA 7(a) |
| Retail / office owner-user | Bethesda, Rockville, Columbia | $500K–$1.8M | Bridge → SBA 504 |
| Warehouse flex | I-95 corridor, BWI area | $600K–$2.2M | Bridge or bank |
| Mixed-use Baltimore | Hampden, Remington, Highlandtown | $400K–$1.2M | Case-by-case |
Assisted living angle: assisted living financing Washington DC · DMV cross-border investing
Bridge terms (Maryland small commercial)
| Parameter | Range |
|---|---|
| Rates | 8.99%–13.5% interest-only |
| LTV | 65%–75% on as-is |
| Term | 12–24 months |
| Close | 14–30 business days |
| Holdback | CapEx on group-home conversion or TI |
Owner-occupied path: 51% occupancy rule · bridge now, SBA later
Worked example: Hyattsville group home
Acquisition: $395,000 SFR — conditional use for 6-bed IDD group home approved.
| Phase | Detail |
|---|---|
| Conversion CapEx | $155,000 — sprinkler, ADA, fire alarm |
| License timeline | 11 months — DDA + fire marshal |
| Stabilized census | 5 of 6 beds — Medicaid waiver + private |
| Monthly gross | ~$38,000 blended |
| Bridge | 70% LTV + conversion holdback |
| IO carry @ 11% | Budget 18-month term |
| Exit | SBA 7(a) at month 20 |
Link: hard money lenders Hyattsville MD · Prince George’s County hard money
Worked example: Rockville owner-user medical bay
Purchase: $890,000 — 2,400 sf office condo, practice occupies 100%.
| Step | Detail |
|---|---|
| Bridge close | 68% LTV — beat competing cash buyer |
| Month 14 | Trailing P&L at address |
| SBA 504 refi | 10% down on appraised $920K |
| Outcome | Bridge retired; fixed-rate permanent debt |
Compare Arlington collar: hard money lenders Arlington VA — no MD transfer tax but different basis.
Maryland due diligence
- County transfer and recordation tax — budget 1%–2%+ combined
- Flood — coastal, Chesapeake tributaries, PG floodplains
- Fire code — sprinkler triggers on care facilities by bed count
- Zoning — group home density caps vary by municipality
- Phase I environmental — on former gas/auto sites in flex inventory
Owner-occupied vs. investment
| Use | Product |
|---|---|
| Your business occupies 51%+ | Owner-occupied commercial |
| Tenant-operated retail/office | Commercial CRE financing or DSCR |
| Licensed care facility | Assisted living hub |
Risks
- County zoning denial — group home caps
- Maryland fire code upgrades — mid-project scope creep
- Bridge carry through license-up — 18+ months possible
- Medicaid rate changes — on waiver-heavy homes
- Transfer tax at refi — model cash-to-close
Maryland county transfer tax comparison
Small commercial and group-home files must model county-specific recordation and transfer — PG is not Montgomery:
| County | Combined transfer stack (approx) | Group-home fit |
|---|---|---|
| Prince George’s | 1.4%–1.8% | Strong — zoning + DDA |
| Montgomery | 1.8%–2.2% | Private-pay RAL |
| Anne Arundel | 1.2%–1.6% | BWI corridor flex |
| Baltimore City | 2.0%+ | Mixed-use value-add |
Hyattsville 6-bed example: $395K acquisition plus $155K CapEx needs 18-month bridge when DDA licensing runs long — IO at 11% on $380K funded equals ~$3,480/mo before staffing.
Baltimore mixed-use vs. PG group-home — product selection
| Thesis | Geography | Product |
|---|---|---|
| IDD group home | PG, Charles, Anne Arundel | Bridge → SBA 7(a) |
| Medical office owner-user | Rockville, Columbia | Bridge → SBA 504 |
| Mixed-use Baltimore row | Hampden, Remington | Bridge-only until stabilized NOI |
| Warehouse flex | I-95 / BWI | Bridge → bank or 504 |
Baltimore mixed-use often stays bridge-only until 12-month NOI proves — do not assume day-one SBA on vacant upper units. Pair with hard money lenders Baltimore when speed beats bank pre-approval on Hampden and Remington mixed-use.
Sponsor profile — who closes Maryland small commercial bridge
Typical Maryland sub-$2M commercial bridge sponsor: first or second care-facility conversion, medical practice buying condo bay, or value-add retail in PG/I-95 corridor. We expect liquidity for transfer tax and 6 months IO, operator or practice P&L at entity level, and defined exit (SBA 504, 7(a), or community bank) before term sheet — not open-ended spec carry.
Related
- County zoning letter — group-home bed cap
- DDA or fire marshal pre-meeting — sprinkler scope
- Phase I on former auto/gas flex sites
- Flood cert — Chesapeake tributaries and PG floodplain
- Transfer tax quote from title — county-specific
- SBA pre-screen for owner-user exits
Related
- Hard money lenders Prince George’s County MD
- Hard money lenders Bethesda MD
- Hard money lenders Maryland
- Converting SFR to RAL
- Owner-occupied commercial DC
Submit commercial scenario · Commercial financing · (833) 264-7776
Maryland market example only — Jaken lends on small commercial nationwide.