Commercial Co-op

Interested in co-ops?


Commercial cooperatives are a popular method for acquiring a location for your business. The uniqueness of co-op ownership makes it essential for buyers to work with mortgage loan officers with experience financing commercial cooperatives. The mortgage professionals at Quintessential Mortgage Group understand the commercial co-op real estate market and how to obtain the best terms and financing options for our borrowers.

What to know


Whether for commercial or residential use, we assist in the ownership of a condominium unit or a stand-alone building. It’s important to know that owners of commercial co-ops do not own the building in which the space unit is located. Commercial co-op owners purchase shares of stock in the corporation. The number of shares is usually determined by the square footage of the space occupied by the shareholder’s business. The space is occupied under a proprietary commercial lease from the co-op board. A co-op board is composed of shareholders elected to run the corporation as representatives of all shareholders.


When someone purchases a commercial cooperative, the buyer receives shares of stock in the corporation and a proprietary lease allowing a business to occupy the space. Your proprietary lease ends when you sell your shares in the corporation. Learn more from our experienced team at Quintessential Mortgage Group. 

Contact Us Today

Questions? Concerns? Let us know how we can help!

Fast Quote

Free, fast, and simple. Learn more today!

Mortgage Calculator

Privacy Preference Center