LT Fixed Financing Options
Trying to help a friend out. His existing relationship with a bank will only provide fixed rates up to five years (the norm is what he mentioned to me). He's looking for solutions/providers that provide longer term fixed rates.  What might be his options outside of private money?

Thanks in advance.

EJ
[{"id": "dd4bxec", "text": "Ask other banks.  7 is probably out there, 10 is hard to find. \n\nIf they won't do more than 5 years fixed, make them compete on the terms afterward (e.g. Can only go up 1-2%, or will be at prime, or whatever you can get). \n", "replies": [], "depth": 1}, {"id": "dd4t9qo", "text": "Credit swaps.   ", "replies": [{"id": "dd57i5i", "text": "That is one option I've heard of. I'll have to take a deeper look into it. Thanks.", "replies": [], "depth": 2}], "depth": 1}, {"id": "dd527zh", "text": "CMBS and insurance companies will give out ten year money if it's a cash flowing asset", "replies": [{"id": "dd57jcn", "text": "Thanks for the comments. How exactly do I go about contacting the right people for that?\n", "replies": [{"id": "dd9ng3k", "text": "CCRE.com", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dd5wwzw", "text": "A local debt broker would have options and send it around to the street. How large is the loan?", "replies": [{"id": "dd5yg59", "text": "Likely up to four loans at a time around 1.5 m each. ", "replies": [{"id": "dd64zmh", "text": "That may be on the smaller end for some of these lenders unless they were cross collateralized", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ddofqfl", "text": "JPM has a hybrid product with 30 yr Am, 10 yr fixed plus variable for 3 yrs after that where there is no pre-payment.  They have the same program 7+3 at a lower rate.  220-260 bps over the 10yr.  I'm doing this through Essex in Denver.  Not sure about the loan amount limits, but I'm doing $4.7MM.", "replies": [{"id": "ddpymqt", "text": "Thank you. I'll look into it!", "replies": [], "depth": 2}], "depth": 1}]