Our experienced team of real estate finance specialists thoroughly understands the commercial and residential real estate industries. Just as important as our industry expertise, we are dedicated to developing an in-depth understanding of your business and your needs. This insight allows us to work quickly to address your requirements and recommend solutions uniquely suited to your specific set of circumstances.

We offer credit facilities that provide the capital to develop apartment buildings, land and housing of residential subdivisions, industrial buildings, office buildings, shopping centers, self-storage facilities and other income properties. With a nationwide presence and the financial resources of over $60 billion in total assets, we finance real estate projects from our lending offices located in California, Texas and Michigan.

We differentiate ourselves by successfully exercising a strategy of consistently supporting the financial needs of our customers during all phases of the economic cycle. Our customers value this strategy and appreciate our timely response to their requests.

For more than 165 years, Comerica has built a reputation as a relationship bank — a bank committed to getting to know our customers in order to help them in ways other banks can’t. We’re interested in more than a deal. We’re interested in dealing with our customers for years to come. That’s the key to our success — and the success of those we serve.

Loan Products

  • Bridge loans
  • Land acquisition loans
  • Land development loans
  • Residential construction loans/revolvers
  • Commercial construction loans
  • Letters of credit to support:
    • Land development
    • Construction activity
    • Industrial revenue bonds
    • Economic development bonds
    • Taxable or tax-exempt bond financing
  • Mini-perm financing
  • Lines of credit

Types of Projects Financed

  • Land acquisition, subdivision development and home building
  • Apartment projects typically ranging from 50 to 500 units
  • Retail projects — from small to regional shopping centers
  • Industrial projects:
    • Single-tenant and multi-tenant industrial
  • Office projects
  • Manufactured home communities
  • Self-storage facilities

Related Products and Services

Comerica Bank is a full-service commercial bank offering a wide variety of deposit and trust services for our real estate customers, including:

  • 1031 Exchange Services
  • Treasury management — includes lockbox, ACH processing, wire transfers, automated balance reporting and image services
  • Institutional Trust services
  • Wealth Management services for individuals