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
One of the most positive things to come out of or get fine-tuned from the financial crash of 2008 was the rise of what is called real estate debt funds. Real estate debt funds connect borrowers, which, more usual than naught, are developers to short-term funding capital. This funding is used for commercial real estate projects that range from shopping centers to multi-family buildings.
It … READ MORE
We know what you’re thinking. How could the middle of a global pandemic possibly be the best time to invest in multi-family real estate?Loan regulations are tightening. Many tenants have lost their jobs, and some multi-family investors are struggling with cash-flow.
But, if you’re financially stable, you can increase your revenue – even during this difficult time.The effects of the pandemic have created … READ MORE
Multifamily in Phoenix, AZ
CommLoan was presented with another opportunity after closing the first transaction successfully with the sponsor. The sponsor was looking to obtain a bridge loan for their value-add multifamily acquisition in Phoenix. With the current changes in the lending market due to COVID-19, many lenders turned extremely conservative with some even halting lending completely.
Despite the challenges in … READ MORE
I’m not a fan of predictions, forecasts, outlooks, and other “expert” opinions. No offense to the experts, who are often very well credentialed, experienced, educated and respected. That’s not to say that these types of articles do not offer any insights or value, they often certainly do. It has been my general observation that they often are good at referencing known history and developing a … READ MORE
Gold and stocks were long considered to be the most solid and lasting investments. Today more Americans lean towards real estate, and with the 34 and under age group choosing to rent instead of buy, apartment buildings, condominiums and student housing can be lucrative investments.
As with any real estate transaction due diligence is important, but more money is at stake when READ MORE
Standing out in the crowd is not that easy when you are in the large apartment management sector. However, it helps to offer some of the best units in your marketable area. Whether you are focused on sustainability or student housing, you want to give your residents the best customer service experience. Here to help you find out what that is, check out the top … READ MORE
Historic episodes are titled in order to attach some brief description and meaning to the event. Some examples are the Roaring 20’s, World War (I & II), the Great Depression, the Industrial Revolution, the Internet Boom, the Great Recession, and of course, the American Revolution. We do so because the event or chain of events changes our viewpoint and perspectives on humanity and how we … READ MORE
CommLoan, a CRE lending tech company recently announced Sarah Stasney as Vice President of Business Development. Sarah will focus her efforts in expanding the Austin, Texas market.
Sarah comes to CommLoan fresh from her former role as a wealth advisor at Wells Fargo: Private Bank. In her … READ MORE