Purchase or Refinance Real Estate – Business Purpose

Q&A with Mark J. Forbes, EVP & Real Estate Division Manager

Learn more about our Real Estate Division from City National's Mark J. Forbes. Mark joined City National in 1992 and has over 30 years of experience in real estate financial services.

Q: What does City National's Real Estate division do differently compared to other banks?
 At City National, all loans and disbursements are approved at the Bank's headquarters in Los Angeles.  This allows for exceptionally fast turn-around times as all approvers have  offices at the same location and any issues can be quickly and efficiently resolved.  In addition, qualified clients may be authorized for "streamlined disbursements."  When a draw request is made, other  banks typically arrange for an inspection prior  to disbursing  construction funds.  This process  may cause funding delays while  waiting for the disbursement approval process to be completed by the lender.  At City National, qualified clients send in the application and we fund. Post funding we will then inspect the project and make adjustments to the disbursement, if necessary. 

Q: What types of Real Estate does City National finance?
 We lend on  most types of real estate including industrial, retail, office, multi-family, mini-storage and single family projects. We offer construction loans, bridge loans and mini-perm loans to investors and entrepreneurs.

Q: Do you offer short or long-term financing?
We're most likely to help clients with their need for construction and bridge financing requirements as opposed to a long-term financing on high quality real estate.

Q: What are the top three things you absolutely want people to know about City National's Real Estate expertise?

  • We're a very committed player with a long history in the market and where our consistency has proven to be the exception.
  • Our staff is exceptionally stable and our senior people have been in the business for decades.
  • We know our stuff and we understand your business.

Getting Started

Find out how we can help you finance your real estate investment. Contact a specialist today at (213) 673-8200 Monday through Friday 8:00 a.m. - 5:00 p.m. (PT).