facebook
X

The browser version you are using is not recommended for this site.
Please consider upgrading to the latest version of your browser by clicking one of the following links.

COMMLOAN HELPS INVESTOR SECURE FLEXIBLE OPTIONS

Multifamily in Phoenix, Arizona

Opportunity
The sponsors had worked with CommLoan in obtaining the bridge financing for the acquisition and the rehab for the property. The rehab was just completed, and the sponsors were unsure if they wanted to sell or refinance the property based on the current market conditions.

Solution
CommLoan was able to recapitalize resulting in $250,000+ cash back to the … Read More

COMMLOAN CLOSES $18MM IN LOANS DURING JULY, TOTALING $27.7MM IN PROPERTY VALUES

Multifamily in Buckeye

$3,900,000 Loan
Multifamily in Buckeye, AZ
Acquisition
Lender: Bank

“I worked with Mitch and David for a purchase loan of condos community, they committed to what they initially quoted to me and they got a best rate for me and also very low cost and worked … Read More

COMMLOAN CLOSES ANOTHER 1031 EXCHANGE

Multifamily in Phoenix, Arizona

Opportunity
A long-time California investor sold a property in California to acquire his first turnkey multifamily property in Phoenix. The Sponsor was using funds from a 1031 exchange and wanted to secure the best terms available at an aggressive rate, with a minimum of a 10-year maturity.

Solution
With the efficiencies of the technology platform, CommLoan was able to … Read More

COMMLOAN HELPS BORROWER SECURE AN AGGRESSIVE 10 YEAR RATE

Multifamily in Grand Junction, Colorado

Opportunity
The Borrower was seeking a permanent loan to pull some cash out of his hotel-to-apartment converted property. He had worked with other reputable mortgage brokers in the past year, but was unable to procure the terms he was looking for.

Solution
Utilizing the CUPID platform, CommLoan was … Read More

COMMLOAN HELPS BORROWER SECURE 95% OF TOTAL PROJECT COST

Multifamily in Phoenix, Arizona

Opportunity
The Borrower was interested in acquiring a multifamily property in Phoenix. Although the building was stabilized and produced cash-flow, the Borrower saw the potential of making some additional improvements. The Borrower needed a lender that would be able to provide not only a competitive rate, but also enough loan proceeds to cover the rehab costs.

Solution
With the … Read More

BORROWER SECURES BETTER TERMS WITH COMMLOAN THAN WITH EXISTING RELATIONSHIP

Office in Phoenix, Arizona

Opportunity
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

COMMLOAN HELPS BORROWER SECURE NNN INVESTMENT

Retail Single Tenant in Clermont, Florida

Opportunity
The sponsors had a 1031 exchange deadline and limited experience with single tenant properties.

Solution
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

COMMLOAN PROCURES AN AGGRESSIVE RATE FOR A 1031 EXCHANGE

Mixed-Use in Tacoma, Washington

Opportunity
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 FOCUS ON THE BORROWER EXPERIENCE

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 and Mr. Eric Little was … Read More