Posted on June 10, 2009 by jeffr1
Commercial real estate loans, and the industry in general, have gone through a tremendous amount of volatility in 2009. Huge banks have gone out of business and many more have ceased lending. Many of the banks that are still lending have created such conservative programs that very few borrower can even qualify. Many of those [...]
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Posted on June 10, 2009 by jeffr1
commercial mortgage loan
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Posted on June 9, 2009 by jeffr1
When should you use a commercial loan broker? When you’re frustrated with dealing with the incompetency and lack of follow through with your local banks, for starters. Time is money, it’s an old and over used saying, but it is true.
If you were able to have someone on your side of the table that has [...]
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Posted on March 13, 2009 by jeffr1
Year to date we have seen six, major national commercial banks come back to the market. This is the best news we have seen in months. Most of these banks are “circling the wagons” around government programs, such as the SBA, USDA and Fannie, Freddie Mac on apartment loans. But they have still come back, [...]
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Posted on March 5, 2009 by jeffr1
An interesting trend regarding commercial mortgage loans is some banks have started waiving existing prepayment penalties and reducing principal balances, in an effort to encourage borrowers to refinance their commercial debt and move on.
This is not just regarding commercial mortgage loans that are in default as you may have assumed. We are seeing top [...]
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Posted on February 13, 2009 by jeffr1
Apartment finance is weathering the current credit crisis nicely compared to other sectors of the commercial mortgage business. For example, owner occupied conventional mortgages are experiencing significant restrictions and loan requests above 60% loan to value, that do not fit the SBA loan guidelines have few, if any options.
In contrast, 80% financing on purchases and [...]
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Posted on February 3, 2009 by jeffr1
Commercial Finance Advisors, Inc opens an office in Richmond, Virginia. The office will be headed by Ryan Crush a multifamily loan and investment property finance specialist.
“We are excited about expanding our operations into Virginia. Mr. Crush has worked with us for some time and we are even more pleased to have him on board. His [...]
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Posted on December 16, 2008 by jeffr1
I had a very interesting meeting today with a former head, of a large cities assessor’s office. We discussed the process of property tax reduction. He gave me some really good insight, which he would not have been able to reveal had he still been on the cities payroll.
One of the biggest, current issues [...]
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Posted on December 6, 2008 by jeffr1
Commercial Finance Advisors, Inc is proud to announce it has launched a new, comprehensive website on commercial hard money. As commercial hard money becomes more and more the main option for borrowers, due to the credit crisis, many people have questions about this side of the business. The website is written to inform the borrower [...]
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Posted on December 4, 2008 by jeffr1
We’re excited to announce the launching of our new website regarding commercial hard money. Ton of content – without the “pitch”.
Check it out http://www.commercial-bridge-loans.com
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