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Owner Occupied Real Estate

Tired of leasing and ready to buy your building? With a commercial real estate loan from Dime Bank, you can close the deal and start building equity in your property. 

Flexible real estate loans for small to medium-sized businesses

Owning your space offers protection against rising rent costs
Ownership provides significant tax advantages like depreciation and interest deductions
Move into a permanent location and customize your space
Build a valuable corporate asset
Fit to your needs.

Our owner-occupied real estate loans offer competitive down payment requirements.

If now is the time to buy, Dime Bank is the place for financing.

Owning your own space might be your best move and can help you take control of your future by controlling costs, planning improvements, and managing growth. At Dime Bank, our commercial lending team works closely with business owners to transition from leasing to owning commercial properties. 

Dime Bank is here to guide your CT or Westerly, RI business expansion with a variety of commercial real estate ventures. Contact our commercial lending team.

Commercial Lenders

Brian McNamara
Senior VP, Chief Lending Officer
Chris Gauthier
FVP, Commercial Lending Manager
Celeste Brouillard
VP, Senior Commercial Loan Officer
John Estelle
VP, Senior Commercial Loan Officer
William Rosadini
VP, Senior Commercial Loan Officer
Gerald R. Tavernier, Jr.
VP, Senior Commercial Loan Officer
Cindy Palmer
Assistant VP, Commercial Loan Officer
Denise Ogden
Assistant VP, Commercial Loan Officer
Matthew Voelker
Assistant VP, Commercial Loan Officer

Frequently asked questions

Qualifying for a multifamily loan in high-demand markets like Greater Hartford, the Connecticut Shoreline, or Southern RI primarily depends on the property’s Debt-Service Coverage Ratio (DSCR) and your investment experience. We look for a DSCR typically above 1.20x. Because we understand the local rental nuances of our community and marketplace, we can often provide more flexible terms for 5+ unit apartment buildings than larger, out-of-state lenders.

Yes, we specialize in SBA 504 lending for businesses looking to expand. This program is ideal for ground-up construction or major renovations, offering up to 90% financing. By partnering with local Certified Development Companies (CDCs), we help CT and RI small businesses lock in long-term, fixed-rate financing for their growth projects.

Absolutely. Self-storage financing is a core part of our commercial portfolio. We provide acquisition and construction loans for storage facilities in communities across Connecticut and Rhode Island. Our local experts understand the specific zoning and market demand for climate-controlled storage, drive up, or hybrid facilities, ensuring a smoother approval process.

Unlike national banks, our commercial loan decisions are made locally, which significantly accelerates the timeline. Typically, you can expect a term sheet within 3 to 5 business days and a full closing in 60 days, depending on the appraisal and transaction specifics. This speed is a major advantage for investors and businesses looking to move quickly on competitive real estate opportunities.

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