Category: Customer Stories

Properties:

Six industrial properties located throughout the Houston, San Antonio, and Midland MSAs.

Opportunity:

CommLoan won the assignment to exclusively place the debt for a $27 million portfolio acquisition on behalf of a repeat borrower, although several capital providers were also competing for the business.

Solution:

CommLoan’s extensive lending relationships resulted in the private wealth channels of several large banks competing for … Read More

Property 

Student Housing in Waco, TX

Opportunity

CommLoan represented out-of-state investor syndication whose general partners’ prior experience was limited to high-end residential construction. Through extensive market research, the Sponsors from California identified a well-located property with large floor plates in Waco, TX consisting of 50% student housing and 50% traditional rentals, listed at a below-market price. The business plan includes light … Read More

Property:

Industrial Portfolio in Midland, Texas

Opportunity:

CommLoan was approached by an ultra-high net worth investor with expertise in the oil and gas industry to obtain an acquisition loan collateralized by a fully occupied portfolio of seven single-tenant industrial properties in Midland, Texas.

Solution:

CommLoan’s extensive lending relationships resulted in the private wealth channels of several large banks competing … Read More

Properties:
Industrial in Phoenix, Arizona, and Dallas, Texas

Opportunity:
CommLoan was approached by an experienced real estate investor and repeat borrower looking to obtain acquisition loans on three industrial properties in Texas and Arizona. The investor had 10MM in a 1031 exchange and was looking to place the equity into 4 prospective Upleg’s within a limited timeline.

Solution:
CommLoan … Read More

Property:
Retail in Phoenix, Arizona

Opportunity:
CommLoan was approached by an experienced commercial real estate developer looking to obtain a refinance loan on a 2-unit retail property in Phoenix, Arizona. The borrower has developed over 500,000 square feet of office buildings.

Solution:
CommLoan facilitated the refinance of the retail property by keeping the Lender’s focus on … Read More

Property:

Multifamily in Phoenix, Arizona

Opportunity:

CommLoan was approached by a repeat borrower looking to obtain an acquisition loan on a 26-unit multifamily property in Phoenix, Arizona.

Solution:

CommLoan utilized its extensive lender database in the Arizona market to procure an acquisition loan with no lender costs and no prepayment penalty to provide the owner with the maximum liquidity options within the current environment. CommLoan’s … Read More

Property:

Single Family Home Portfolio in Arizona and California

Opportunity:

CommLoan was approached by a borrower that has a $5.3M portfolio a duplex, three 4-plex, 10-unit, 11-unit, and a single-family rental. The borrower had been working with another lender for many months with no progress on the cash-out refinance loan.

Solution:

CommLoan was able to secure and close the $3.25M loan in less than 55 … Read More

Property:

Multi Family in Houston, Texas

Opportunity:

CommLoan was approached by an investor who had been previously working with another broker and lender to obtain a cash-out refinance loan at 70% LTV. The lender ended up only wanting to originate a rate and term refinance at 65% LTV after receiving the appraisal and going through final loan committee. 

Solution:

CommLoan … Read More

Property:

Office Condo in Lake Forest, California

Opportunity:

CommLoan was approached by an investor that was two weeks into escrow on an acquisition of an office condo. Despite their existing relationship, their bank had re-traded them from 70% LTV to 60% LTV.

Solution:

CommLoan was able to get the deal back on track for the original contract due diligence … Read More

Property:

Multifamily in Sierra Vista, Arizona

Opportunity:

CommLoan was approached by an experienced investor that was working with an agency lender for several months to refinance a 94-unit multifamily property. The agency lender was not able to provide financing to the property. 

Solution:

CommLoan was able to secure a Fannie Mae loan that exceeded the investor’s expectations with a 3.64%, fixed … Read More