Office in Phoenix, Arizona
The buyer was referred to CommLoan by a Phoenix commercial real estate broker. The experienced Sponsor had been buying commercial real estate and obtaining financing through his network for many years. Since he was highly recommended to work with CommLoan, he decided to see what financing options they could obtain. The Sponsor ended up having an existing relationship with … READ MORE
Original Article: March 15, 2019 National Real Estate Investor
With late 2018 jitters gone and investor optimism returning, the commercial real estate market should experience mostly steady cap rates through the first half of 2019, although there are particular market segments and geographies that could experience some bumps.
“On the interest rate side, I think everybody has … READ MORE
Original Article: March 7, 2019 GlobeSt.com
What a year 2018 was. And all signs point to another year of bounty for commercial real estate.
We experienced stomach-churning market volatility, tariff wars, several terrifying natural disasters and, at the end of the year, the beginning of a government shutdown. Unfortunately for us, all of these factors are … READ MORE
Congratulations to Dunbar Real Estate Investments for their most recent
acquisition of an industrial building in Tempe, Arizona.
Congratulations to Brandon Hampton at Clear Sky Capital on his most recent
acquisition of a multifamily property in Phoenix, … READ MORE
Original Article: December 11, 2018 Bisnow Champaign Williams, National Editor
Most economists still project a robust commercial real estate market despite the Fed’s policy of continuing to increase interest rates and the political uncertainty brought on by Washington gridlock.
With robust jobs growth continuing to increase at a healthy clip and the unemployment rate steady at 3.7%, a 50-year … READ MORE
Retail Single Tenant in Clermont, Florida
The sponsors had a 1031 exchange deadline and limited experience with single tenant properties.
CommLoan has closed multiple 1031 exchanges and several single tenant properties. CommLoan was able to secure a permanent loan with $100,000 in additional loan dollars than what was needed to complete the exchange and close on time. Using CommLoan’s technology … READ MORE
Mixed-Use in Tacoma, Washington
The Sponsor was in a 1031 exchange from the sale of a multifamily property in another state. CommLoan worked with the Sponsor every step of the way as he made offers on properties in order to complete the exchange. The listing brokers were already speaking to a few regional lenders that indicated that they would be able to finance … READ MORE
CommLoan’s primary focus is creating a best-in-class borrower experience. We have learned that it is crucial to retain the high-touch, concierge service of a traditional mortgage broker. Add that with cutting-edge technology and this creates a winning combination for the Borrower.
Check out our latest Google review from our most recent funding last week!
“The team of Mr. David Luke … READ MORE
Office in Cincinnati, Ohio
The owner of an expanding wealth management company was looking to acquire an office building, but the building required construction costs in order to modify the space. In addition, the Sponsor needed capital expenditure for furniture and computers. Their goal was to obtain a commercial loan product that had minimal down payment while finding … READ MORE
CommLoan was proud to have hosted a panel discussion on “Trends in Arizona Multifamily Commercial Financing” that was held on August 16th at our corporate office. The event was well attended by Arizona real estate professionals.
We would sincerely like to thank our panelists Bob Ferrell from Orion Investment Real Estate, Karl Abert from Kidder Mathews, and Royce Munroe from ABI Multifamily. The panel did … READ MORE