by Dave Dambro | Sep 27, 2021 | Refinance, What's Closing Now
Kissimmee, FL This business owner originally purchased a business and its building with private/owner financing. After paying off and selling the business, he wanted to obtain a permanent loan to pay off the rest of the building. The building was pretty strong –...
by Dave Dambro | Aug 18, 2021 | Blog, CMBS, Commercial Loan News
CMBS Loans, also known as commercial mortgage-backed security loans or conduit loans, are different than other debt service mortgage products used to finance commercial real estate income properties. This is because they’re actually a private equity product...
by Dave Dambro | Mar 29, 2021 | Commercial Real Estate, What's Closing Now
Merritt Island, FL Part of this pharmacy’s success was its prime location on the corner of a busy commerce location. When the building’s owner wanted to sell, the established pharmacy had to make a decision – purchase the location that their...
by Dave Dambro | Feb 25, 2021 | What's Closing Now
Phoenix, AZ & Salt Lake City, UT This client was looking to purchase a competitor’s 30-year old, privately-owned home hospice care and staffing company AND its commercial real estate in 2 different states (from its original founder/owner). However, the...
by Dave Dambro | Feb 25, 2021 | Archive, Refinance, What's Closing Now
Brandon, FL This 20-year practicing dentist thought that he finally found his dream office! The bank was all too happy to bury him in a 5-year senior mortgage, with a 5% per year prepayment penalty — and they promised to fund the necessary renovations to convert...
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