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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 SECURES BELOW MARKET INTEREST RATE

Auto Service & Repair Center in Chandler, Arizona

Opportunity
The loan was in process with a national lender that offered a low interest rate 5-year program. The property, however, did not meet the lender’s strict underwriting stress test and interest rates were rising.

Solution
CommLoan originally positioned the loan with multiple lenders, putting the Borrower in a place to quickly adjust and secure … 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

A Word On Retail In 2018

By CommLoan Admin, Categories CRE News

A great article posted by GlobeSt highlights some of the fears and realities of the retail marketplace in 2018.

New distribution methods to accommodate same-day delivery are just one example. The ability to lighten a retailer’s in-store stock through the use of new technologies is another. Ultimately, the key to the success or failure of brick-and-mortar is the ability of a … Read More

Alaska USA Federal Credit Union locates new Operations Center in Arizona

By CommLoan Admin, Categories CRE News

Alaska USA Federal Credit Union has selected Glendale, Arizona for its new state-of-the-art Operations Center. The two-story, 185,000 square-foot building will serve as the credit union’s new operation center—supporting Alaska USA’s continued growth and investment in all the communities it serves.

Alaska USA has made a smart decision to move operations to Arizona. Given the availability of competitively priced land, … 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

Preliminary Numbers for First Quarter of 2017 Indicate Opportunities in Commercial Real Estate

By CommLoan Admin, Categories CRE News

CommLoan examines deal-activity vs. transaction volume trends

First-quarter of 2017 saw an 18% decrease in transaction volume, which
came in at a grand total of $94.8 billion, according to data from Real
Capital Analytics (RCA), a New York City-based research firm. According to
that same report, portfolio deals fell by 38 percent year-over-year, while
single-asset transactions fell by 10 percent.

However … Read More

CommLoan’s Eric Little Makes Big Splash at AREAA’s 2017 Global Luxury Summit

Eric Little

AARAA’s Global Update Focused on Key Trends in Commercial Real Estate

On Friday, April 21st, CommLoan’s Vice President of National Business Development, Eric Little, spoke about the changes and trends that are shaping commercial real estate at the AREAA (Asian Real Estate Association of America) Global Luxury Summit in … Read More