Updated about 10 years ago on .
Retail Shopping Center
What is Closing Now: Investor Loans
Here is a look at some recent closings within the last 30 days. I like to post these every month or two to just give you a feel for some of the things that are happening in Commercial. The investor marketplace is particularly hot right now-it is a very active market for apartment, industrial and retail buildings. Three (3) of our closings in the last 30 days were investor deals. Often, these deals have some hair on them that causes other banks to struggle but, we have the resources to get it done for you. If you need a loan closed, if actually getting the money is the most important thing to you...give me a call! I will screen the deal and pre-underwrite it for FREE. We are the only no-risk option in commercial. Now on to a closing......
Give me a CALL TODAY at 512-650-8630
$2,397,000 Retail Shopping Center Purchase.....Location: Peachtree City, GA
Type - This deal posed a problem for the local banks because the borrowers were from another state. Most banks struggle with out of state borrowers regardless of how strong they are. We never have a problem with that. We have a plethora of resources who do not care about the location of the borrower as long as the property is sound and, the deal makes sense. This borrower got a 4.25% fixed rate with a 25 year amortization. They got 75% financing. The main borrower actually lived in Israel and flew in for the closing. We can do Foreign National financing as well!
Give me a CALL TODAY at 512-650-8630