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.

Research

COMMLOAN SECURES A FIXED 10 YEAR 3.62% BANK LOAN FOR MEDICAL OFFICE CONDO IN LAKE FOREST, CA

CommLoan secures bank financing on Medical Office Condo in Lake Forest California

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 period and close of escrow date while exceeding the investors’ expectations with an acquisition loan at a 70% loan to value and a competitive 3.625% fixed for ten years with a 30-year amortization. CommLoan’s proprietary CUPID platform and its lender services department helped cast a wide net of local, regional, and national capital sources.

Get a Free Commercial Real Estate Loan Quote

Fill out the form below for expert assistance from our team of Loan Consultants.