New Commercial Equity Line Creates Liquidity.

Commercial building owners have struggled for decades on how to effectively and economically tap their commercial property’s equity.  This lack of liquidity seems to be one of the biggest complaints in commercial real estate ownership.
There are a few new options however for commercial property owners (both investors and users) that are turning heads, a Commercial Equity [...]

Commercial 30 Year Fixed

“Commercial 30 Year Fixed, What is it?” 
A new commercial real estate loan program that is similar to the traditional residential 30 year fixed.  Loan is fully amortizing over 30 years and the rate is fixed for the entire term.   Relatively new to the industry, this loan program is turning heads. 
Primary benefit is obvious, knowing that [...]

Commercial Mortgage Refinance – Why?

Why perform a commercial mortgage refinance?  Out of necessity of course.  Most borrowers face a ballooning loan that forces them to investigate options, spend thousands on third party reports and put in many hours into the process. 
Options
As borrowers begin the process of researching they are often pleasantly surprised by the additional loan programs that [...]

Commercial Mortgage Refinance – Will you Qualify?

To determine if your commercial mortgage refinance will qualify use the below parameters to “prescreen” your situation.  Understanding your potential loans strengths and weakness will save you time and ensure your best chance of a successful close.   
Ownership  
First, how long have you owned the subject property? Has it been less than 12 months?  Unless the title [...]

Commercial Mortgage Refinance – What To Watch Out For

Performing a commercial mortgage refinance is normally an expensive and time consuming process that has a few serious pitfalls.  Although we don offer a “secret guide” on avoiding them, below is some thoughts on how you can better prepare yourself on the main issues.   
Be Realistic About Value
Commercial appraisals normally run between $2,000 – $5,000 [...]