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Commercial Real Estate Loans

No matter your commercial property need, Parkway Bank offers a real estate solution. 

Whether you’re looking for a building of your own, land for an investment property, or building from the ground up, we work very hard to secure financing for all fellow local businesses. Our lenders are both experienced in the local real estate market and in getting to know each business’s individual needs. 

For more information about our Commercial Real Estate Loans, please contact:

Diego Mangawan, Executive Vice President, Commercial Lending: (708) 867-2530 or [email protected]

  • Competitive rates for the purchase, refinance, or construction of commercial properties
  • All Commercial Real Estate Loans are secured by the property or land being financed
  • Available for both owner-occupied (office spaces, commercial buildings, etc.) and income-producing investment properties (apartment buildings, retail shopping centers, etc.)
  • Budget-friendly repayment terms, tailored to meet your business’s needs:
    • Owner-Occupied & Investment Mortgages: 4-year balloon with a 15 to 20-year amortization period
    • Construction Loans: 1 to 2-year terms
    • Land Acquisition/Development Loans: 1 to 2-year terms
  • Refinance your current property to potentially lower your rate
  • Free prequalification available for extra confidence upon negotiations
  • Lending professionals with a working knowledge of the local real estate market and agricultural standards
  • Prompt, local decision-making and processing
  • Friendly, helpful service from our experienced lending team

Construction Loans

Available to developers for various real estate projects including (but not limited to):

  • Single-family residential
  • Multi-family residential
  • Retail strip centers
  • Industrial facilities and office buildings 

Land Acquisition/Development Loans

Available for the purchase and completion of land improvements for both residential and commercial properties.


  • Competitively low rates for commercial construction, land acquisition, and development
  • Provides more convenience, especially toward the end of the construction or development phase and the beginning of permanent payments
  • Pay off interest quicker; payments are interest-only during construction or development phase
  • Payments are made on the amount drawn on your loan sufficient to pay your builder
  • Construction draws applied in stages based on work completed