CommLoan

Recently Financed - $1.15MM Purchase - San Antonio, TX Congratulations to Jeremy Roe! We're excited to announce the successful closing of a $1.15MM purchase loan for a car wash property in San Antonio, Texas. Deal Highlights: 💰 Loan Amount: $1.15MM 🏢 Property: Special Use - Car Wash, 100% occupied, 19,485 SF, owner-occupied 📊 Exceeded Expectations: 80% LTV, 7.33% interest rate, 25-year maturity Client Wishlist: 📅 Highest loan amount 💲 Lowest interest rate 🔗 Longest maturity The borrowers were seeking an acquisition loan to purchase a brand new car wash they would operate. They had previous experience in this commercial sector, currently owning and operating another car wash business. They plan to increase profitability over the coming years, forecasting a doubling of profits. Utilizing CommLoan’s state-of-the-art CUPID platform, numerous lenders were found who were interested in financing this acquisition. Through the dedicated and committed efforts of CommLoan’s team of professionals, the borrowers were given the opportunity to choose the lender that best suited their financing needs. Ready to explore your financing options? Contact us today! #CRE #CommercialLending #SanAntonio #TX #Industrial #Purchase #OwnerOccupied

Appurtenances can include a wide range of elements, including: driveways, cabinetry, fences, inground pools, and more! #RealEstate #PropertyInvestment Read more: https://hubs.li/Q02CW1gh0

"I referred one of my Commercial Real Estate clients to CommLoan after she and her business parters were unable to procure financing on their commercial property. She had been to about 7 lenders trying to financing a large industrial building. They needed the building immediately and paid cash hoping to be able to refinance at some point. Though my client and her business was financially solvent and had a legal business entity here in Arizona, filing both state and federal tax returns, she and her business partners are citizens of a different country and that alone was the sticking point to all the other lenders. I knew if anyone could pull this refinance off, then it would be CommLoan. My hunch was correct and my clients closed on their loan last month and could not be happier!" -Michelle #Testimonial #CommLoan #CupidTech #RealEstateLending Kickstart your investment journey today! https://hubs.li/Q02CVYxK0

Common Area Maintenance (CAM) refers to the expenses incurred to maintain and repair shared or common areas in commercial properties, which are typically passed on to tenants as part of the triple net lease arrangement. #TermTuesday #CommonAreaMaintenance #RealEstateFinance #CommercialLending #CommercialMortgage #CommercialRealEstateLoan Read more: https://hubs.li/Q02CTrV80

Recently Financed - <$1MM Purchase - Port Huron, MI Congratulations to Drew Heers! We're excited to announce the successful closing of a <$1MM purchase loan for a medical office property in Port Huron, Michigan. Deal Highlights: 💰 Loan Amount: <$1MM 🏢 Property: 2-unit, 100% occupied, class B medical office 📊 Exceeded Expectations: 80% LTV, 7.17% interest rate Client Wishlist: 📅 80% LTV 💲 Best available market rate The borrowers have extensive experience in commercial real estate, owning several investment properties and looking to expand their portfolio with the purchase of this property. Utilizing CommLoan’s exclusive CUPID platform, we found numerous lenders to fund this loan, giving our borrower a multitude of choices. Through the committed efforts of CommLoan’s team of commercial real estate professionals, we streamlined the process for the borrower and matched them with the perfect loan for their needs. Ready to explore your financing options? Contact us today! #CRE #CommercialLending #PortHuron #MI #MedicalOffice #Purchase #NonOwnerOccupied

Recently Financed - $3.54MM Acquisition - San Francisco, CA Congratulations to Christopher J. Man We're thrilled to announce the successful closing of a $3.54MM acquisition loan for a special use gas station/C-store in San Francisco, California. Deal Highlights: 💰 Loan Amount: $3.54MM 🏢 Property: Special use gas station/C-store, 100% occupied, 2 units, 1,221 SF 📊 Exceeded Expectations: 7.5% interest rate, 25-years maturity Client Wishlist: 📅 Longest Maturity 💲 Lowest Interest Rate 🔽 Lowest Monthly Payment The borrowers are seasoned gas station owners and operators with six decades of industry experience and substantial portfolios of gas stations. Originally, the property was slated for development into a high-rise apartment complex, but the developer withdrew. With support from a gas station company, the sponsors pivoted to developing the property into a gas station/C-store. Using CommLoan’s exclusive CUPID platform, we identified numerous lenders willing to fund this loan, providing our borrowers with a wide range of options. Thanks to the dedicated efforts of CommLoan’s team of commercial real estate professionals, we streamlined the process, ultimately matching our borrowers with the perfect loan to meet their needs. Ready to explore your financing options? Contact us today! #CRE #CommercialLending #SanFrancisco #CA #SpecialUse #Acquisition #OwnerOccupied

We're thrilled to announce the successful closing of a $2.97MM refinance for an industrial building in Midland, TX. Congratulations to Christopher J. Man! Deal Highlights: 💰 Loan Amount: $2.97MM 🏢 Property: Industrial Building, 100% occupied 📊 Exceeded Expectations: 8.5% Rate and 8 weeks to close The borrower, who has owned the full-service oilfield company operating at this site for years, sought to refinance to pay off the current mortgage balance and fund property improvements. The borrower has a strong net worth and substantial liquid assets. Utilizing CommLoan’s CUPID platform, we efficiently matched multiple lenders to the borrower, securing ideal loan terms that met all their lending requirements. Ready to explore your financing options? Contact us today! #CRE #CommercialLending #Midland #Texas #Industrial #Refinance

💰 Master the art of financing in commercial real estate with sources and uses statements. Learn how to outline funding sources and expenses effectively to secure financing and evaluate project viability. #CRE #RealEstateInvesting Read more: https://hubs.li/Q02CW1j50

"Mike, Melanie and the entire CommLoan team set the highest bar in the commercial loan industry. They have spent countless hours on difficult projects and always provided results. We have worked with many brokers over the last ten years and Mike and CommLoan have always risen above the average to provide the best options for a variety of projects. They are there throughout the entire process through closing. I honestly cannot think of any commercial broker who works harder or smarter than those at Commloan." -Liberta #Testimonial #CommLoan #CupidTech #RealEstateLending Kickstart your investment journey today! https://hubs.li/Q02CVZn10

The cash flow generated by a business or investment project before taking into account the impact of debt financing or interest payments. #TermTuesday #UnleveredFreeCashFlow #RealEstateFinance #CommercialLending #CommercialMortgage #CommercialRealEstateLoan Read more: https://hubs.li/Q02CTfwT0