by Dave Dambro | Nov 2, 2022 | Blog
When market interest rates rise rapidly, a unique phenomenon known as Cap Rate Compression becomes evident in commercial appraisals. When conservative investments, such as treasuries, are yielding upwards of 4% with minimal risk, the cap rate for commercial property...
by Dave Dambro | Oct 14, 2022 | What's Closing Now
Montgomery, AL These clients were in need of somewhat quick purchase of a good-looking retail strip mall, but were mainly looking for aggressive rates. We accepted the challenge – and found the right program for them based off their strengths and weaknesses on...
by Dave Dambro | Oct 14, 2022 | What's Closing Now
Nampa, Idaho Typically, we do not do residential deals unless it is a portfolio or subdivision development consisting of more than five homes in the deal. However, this deal had several homes being developed in a great area! The client had already finished the...
by Dave Dambro | Oct 14, 2022 | What's Closing Now
Las Vegas, NV This borrower owned a daycare and saw an opportunity to buy another daycare that she knew was being poorly run. Upon expressing interest to purchase the daycare, the seller agreed to give her the business essentially for free, leaving her to purchase the...
by Dave Dambro | Oct 14, 2022 | SBA, What's Closing Now
Orlando, FL This husband-and-wife doctor duo needed a loan to purchase and renovate their dream office. The purchase price was $1 million, and renovations totaled $495,000. Once we rolled in the closing costs, working capital and cost overruns, the final loan amount...
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