If you need a loan to invest in growing your small business, it is good to have options—and you do. For example, the U.S.Small Business Administration (SBA) offers its SBA 504 loan and its SBA 7(a) loan. Both have advantages.
But to benefit, you must choose the right loan for your project, your financial circumstances, and your timeframe. Let’s look first at the broadest differences between these … Read More
Property
Storage Facility in Goodyear, Arizona
Opportunity
CommLoan was approached by an experienced investor that had been working with an SBA lender for several months with no success during the pandemic. The investor was looking for maximum leverage and the lowest possible long-term fixed rate.
Solution
CommLoan was able to secure an SBA loan with 85% loan to … Read More
Property
Outpatient Facility in Glendale, Arizona
Opportunity
CommLoan represented an experienced out-of-state investor who had recently sold two apartment complexes in North Carolina and was looking to exchange into two separate NNN leased medical office properties on opposite ends of the county. This sale-leaseback transaction represented the initial distribution of 1031 exchange funds. The now-repeat Borrower is about to close on … Read More
As a commercial real estate investor seeking a loan, you have lots of choices of loan terms. That is a good problem to have but at first, it can be a bit overwhelming. Just find the right commercial real estate lender, and they will work with you to craft a loan that comfortably fits your individual situation.
One of the first … Read More
In 2020, commercial real estate loans valued over $2,000 billion. Businesses across the country turn to these loans to help them secure the property they need to build their organization and begin to generate revenue and profit.
For a while, non-recourse commercial real estate loans were being called “a vanishing species.” Now, larger commercial banks and life insurance companies, among others, are making … Read More
Investing in commercial real estate, such as office buildings, industrial parks, hotels and developments, is a good way to diversify your financial portfolio. This has rarely been more important. In this uncertain economic climate, having steady, monthly rental income can help you ride the tumult likely in the stock market during this recession. However, finding good properties in which to invest, determining the property’s value and keeping track … Read More
Opportunity
CommLoan was presented with an opportunity to procure financing for a local sponsor to purchase a 50% occupied office property by way of a sale-leaseback transaction. The remaining square footage consists of executive suites which will be upgraded and branded in-line with the sponsor’s current real estate portfolio. The quick closing time frame initiated a targeted search for lenders who … Read More
When you are planning to purchase a commercial property, you may discover that you have a variety of loan options. The traditional commercial mortgage is not always a good fit for your goals or plans for the property. Furthermore, you may find that in a traditional loan, you are not able to repay the debt in a timely manner. That may lead to some … Read More
CommLoan, the leading CRE lending marketplace known for using technology to connect borrowers to lenders, announced the hiring of Mike Garruto as Vice President and Loan Consultant to help with the company’s expansion in 2020. Mike brings over 7 years of experience in the commercial real estate loan industry and was handpicked to help facilitate innovation and growth as CommLoan … Read More
If you’re looking to finance a commercial real estate venture, or looking for the capital to cover your real estate construction and property expenses, there are quite a few loan options out there. They all have different terms, rules, and exceptions; but the most popular of them all would be Commercial Mortgage-Backed Securities.
In this article, we’re going to discuss what Commercial Mortgage-Backed Securities are, how … Read More
