Copyright © 2019 by Commercial Property Lending
Bureau of Real Estate-Real Estate Broker 01034309 NMLS# 1465705
COMMERCIAL PROPERTY FINANCE IS OUR ONLY BUSINESS
•
W
e
have
been
described
as
the
best
borrower
experience in the industry.
•
T
here
is
no
software
that
can
match
our
25
years
of
experience
for
personal
contacts,
insider
knowledge and expertise.
•
W
e
know
how
to
present
a
property
to
our
correspondents
for
the
best
possible
loan
terms
and
rates.
As
the
loan
process
proceeds,
we
solve
problems
as
they
come
up
and
negotiate
the
best
possible terms and conditions along the way.
•
W
e
take
no
upfront
fees
and
only
collect
a
commission
at
loan
closing.
Financing
commercial
property is our only business.
WE DELIVER WHAT WE PROMISE
No Prepayment Penalty Loans
Non-recourse loans
Long Term Fixed Rates
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Providing Lending for:
Multifamily
Multifamily in Low Population Base Areas
and Rural Areas
Student Housing
Senior Housing
Mobile Home Parks
Retail Anchored and Retail Strip
Industrial
Office
Medical Office
Credit Tenant
Mini Warehouses
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Fast Closings
Repositioning Loans
Lending Strategies for 1031 Exchanges
Copyright © 2019 by Commercial Property Lending
Bureau of Real Estate-Real Estate Broker 01034309 NMLS# 1465705
SOME OF OUR CLOSINGS
•
Apartment Loan - $3,400,000
10-year fixed rate.
Non-recourse to borrower with declining prepayment penalty,
first 3 years only.
•
Retail Center - $4,800,000
10-year fixed rate. 10 Years interest only.
Complete owner non-recourse except for fraud carve-out.
•
Apartment Loan - $12,000.000
Adjustable rate with no prepayment penalty after the first
year. Loan contains option to become a condo conversion
loan with increased funding to cover conversion costs.
•
Two Office Buildings - $3,850,000 and $3,650,000
Non-recourse loans.
10-year fixed rate, 30 year amortization.
Both buildings were operated as one building. Loan was
structured as two loans so borrower would have flexibility to
sell each building separately.
•
Retail - $4,625,000 75% Of purchase price.
Borrower had to close with only 67% of tenants in occupancy.
5-year fixed rate - Accommodation of 1031 Exchange.
•
Mobile Home Park - $1,950,000
Well and Septic, rural area.
Fixed rate purchase loan - 77% loan to purchase.
•
Office Building - Single Tenant with short lease term.
$1,190,000 - 5-year fixed rate - 30 year amortization.
No prepayment penalty.
•
Office Building - $5,000,000
Owner occupied - 20-year fully amortized fixed rate.
•
Apartment Loan - $2,850,000
10-year fixed rate.
Amortized over 30 years.
Cash out Refinanced-Maximum proceeds.
•
Office Building - $2,200,000
10-year fixed rate, amortized over 30 years.
Owner used proceeds to buy out partner.
•
Unanchored Retail - $6,800,000
Non-recourse fixed rate, 30 year amortization.
Borrower wanted partial release of land to build condos,
but had not separated parcels. Provisions provided for
future no fee release.
WE TAYLOR LOAN TERMS TO MEET YOUR NEEDS