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How Rapidly Are CRE Companies Adopting AI?

By CommLoan Admin, Categories CRE News

Original Article: April 30, 2019 GlobeSt.com

Artificial intelligence technology is all that people can talk about these days, and commercial real estate investors are excited about how these tools can impact investment decisions. But it isn’t only investors adopting AI technology. The whole industry is integrating new AI tools. In the property management industry, AI tools … Read More

18 Commercial Real Estate Trends To Dominate In 2019

By CommLoan Admin, Categories CRE News

Original Article: December 11, 2018 Bisnow Champaign Williams, National Editor

Most economists still project a robust commercial real estate market despite the Fed’s policy of continuing to increase interest rates and the political uncertainty brought on by Washington gridlock.

With robust jobs growth continuing to increase at a healthy clip and the unemployment rate steady at 3.7%, a … 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 HELPS SPONSOR OBTAIN FINANCING OVER 95% LTV

Office in Cincinnati, Ohio

Opportunity
The owner of an expanding wealth management company was looking to acquire an office building, but the building required construction costs in order to modify the space. In addition, the Sponsor needed capital expenditure for furniture and computers. Their goal was to obtain a commercial loan product that had minimal down payment while finding terms that were competitive.

SolutionRead More

COMMLOAN LEVERAGES LENDING RELATIONSHIP FOR COMPLEX TRANSACTION

25,000 Sq. Ft. Fitness Center in Port Lucie, Florida

Opportunity
The Investor’s goal was to sell his operating business to a national fitness center organization while maintaining ownership of the real estate. In order to accomplish this, the Investor needed a cash-out refinance to pay off the existing debt and recapitalize. The banks he originally approached were using a 6.5% stress test along with … Read More

COMMLOAN HELPS BORROWER ACHIEVE MAXIMUM LEVERAGE ON 1031 EXCHANGE

Retail Strip in Tempe, Arizona

Opportunity
The Sponsor was initially rolling a 1031 exchange from the sale of a property in another state into a retail center in Arizona. The Borrower was looking for maximum leverage to limit the down payment that was in exchange, however, the sponsor was unable to obtain the leverage he required through his existing relationships.

SolutionRead More

COMMLOAN WORKS WITH AN EXPERIENCED INVESTOR TO UNCOVER ADDITIONAL CAPITAL

60 Unit Multifamily in Albuquerque, New Mexico

Opportunity
The Sponsors were experienced investors in the local Multifamily market and had four lenders already working on quotes when they heard about CommLoan. The Investors were looking for a loan to acquire and improve the property, which had below market occupancy, but upside potential on rents.

Solution
CommLoan was able to secure a permanent loan … Read More

COMMLOAN WORKS WITH A NON-BANKING FINANCIAL INSTITUTION TO PROVIDE A QUICK SOLUTION TO A LOCAL INVESTOR

35 Unit Multifamily in Phoenix, Arizona

Opportunity
The Sponsor initially thought that the property was at market stabilization. During the due diligence period, it was discovered that the property had 8 out of 35 units that were vacant and needed rehab. The Sponsor had an existing relationship with another bank that had committed to funding. However, during the final underwriting, the assurance of obtaining … Read More

Enjoying the Limelight, Mitch Ginsberg Talks About Changes in Consumer Behavior

By CommLoan Admin, Categories CRE News

CommLoan Conversation on Money Radio

The media spotlight was shining bright on CommLoan in recent days. Mitch Ginsberg, CEO, spoke on a panel for business leadership and innovation at the Jewish Federation of Greater Phoenix, was featured in the “Trendsetters” section of AZ RE Magazine, interviewed with Fox … Read More