Commercial Mortgage Broker wishes you Happy Pi day Our logo, aleph to the root of pi. Basically infinity to the cubed root. Equals about, infinity I think. George Kantor got a nobel prize for making set theory of infinite sets. He is also credited with the discover of set theory. The symbol he chose for...Read More
Condo Construction Loan, secret will self destruct in 30 seconds When you talk about loan to value of a for sale condo construction deal many lenders want to use as the value the net sales price after paying 5% selling brokerage commission. Well that is great and all but its bad math! The value is...Read More
Commercial Real Estate Portfolio For this commercial real estate portfolio of apartment buildings, the staff at Financial Compound arranged a $9,240,000 of financing. Loan proceeds were allocated to both acquisitions and refinancing of three apartment buildings in Southern California, totaling 185 units. These loans have a 10 year term and are interest-only. The total loan...Read More
Construction Loan Takeout $17,000,000 Construction Loan takeout for shadow anchored shopping center. This 60,000 square foot center sits across the street from a community college, offering pedestrian traffic to the center. This loan refinanced a 100% of cost construction loan also obtained by Financial Compound. The property was still in final construction at the time...Read More
Commercial Mortgage Broker thinks out of the box Commercial mortgage broker Financial Compound structures an $8 million construction loan for a concrete tilt-up industrial building. The transaction was referred to Financial Compound by a closely held relationship bank, who is unable to fund construction loans at this time. The borrower has completed all entitlements and...Read More
Commercial Mortgage for preschool $1 Million Commercial Mortgage for preschool refinance. Financial Compound secured a bank loan for this special use property. The borrower also appreciated that Financial Compound found a bank that does not required CPA reviewed financials since this religious affiliated preschool does not file tax returns. The loan was written as...Read More
Commercial Real Estate Loan for Grocery Anchored Acquisition Financial Compound arranges a Commercial Real Estate loan, a $10 million acquisition financing for a 70,000 square foot grocery store in northern Califonia. The store is in a well located, urban in-fill environment. The property has more than 100 parking spaces. The grocer is on a long...Read More