All industries felt the effects of the coronavirus pandemic. However, some sectors saw a much faster road to recovery than others. Looking towards the future, there are some industries that may even find some benefits in a world that has to make adjustments. For people thinking about self storage investing, after initial downturns in the market, there is a lot to feel positive about for … 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
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
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
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
At CommLoan, the number one asset type we quote, put under application with our lenders, and close, is multifamily. We love performing on apartment deals because we know we’re providing a valuable service to the communities those apartments serve. From value-add acquisitions to stabilized cash-out refinances, we know multifamily, and that bodes well given the state of the market in 2020.
The major … Read More
Original Article: January 07, 2020 GlobeSt.com
2019 was a record-setting year for PropTech. From the highest highs (a record $16 billion in VC investments) to the lowest lows (WeWork implosion), 2019 may well go down as one of the most eventful years to date for PropTech.
And, going into 2020, there is cautious excitement around PropTech, … Read More
The two GSE’s (government sponsored entities) have historically been one of the major capital sources for multifamily finance in the United States. Since being taken under conservatorship in 2008, both FNMA and FHLMC have been regulated by the Federal Housing Finance Agency (FHFA) – the governing agency that determines the annual lending capacities of both. If you’re an investor or other … Read More
Multifamily in Phoenix, Arizona
CommLoan was working with a multifamily syndicator on the acquisition financing for a property lease up. The investor preferred permanent financing rather than bridge, which required a T-1 waiver from the potential lender. Due to the agency pull-back in August, waivers were not being granted on these types of deals for that period.
CommLoan was … Read More