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 the office from a chiropractic office to a dental…
Continue reading $1,846,000 – Conventional Refi – Dental Office
Due to the economic impact of COVID-19, commercial underwriting has become more conservative than ever. While the experience is unlike the financial crisis of 2007, which affected the availability of commercial loans – we are seeing a change in the amount of risk a lender is now willing to take on as a result of…
Continue reading 5 Loan Document Tips for Commercial Borrowers During COVID-19
St. Lucie County, FL This investor was post-divorce and needed a liquidity solution, fast… but the cards were stacked against him. Even though he had a full portfolio of SFR’s, the bank still couldn’t consider this loan. The income property was worth far more than the cash flow supported, which made the deal difficult. However,…
Continue reading $1,288,500 Conventional Cash-out Refi, “No Doc”
Melbourne, FL A fast closing was essential for a 40 year-old, stabilized government contractor. They called their own bank for a CRE cash-out refinance loan on their office property – a pristine piece of CRE collateral with less than $100K left on the original mortgage balance. After 3 months of “lip service” and wasted time,…
Continue reading $3,968,750 – Term/Bridge Loan – Gov. Contractor
Rohnert Park, CA This dentist needed capital for her practice startup with commercial real estate. An SBA 7a loan covered it all! The banks said NO for more than two years before she was referred to Commercial Capital Ltd., FL. We were able to say “Yes” when the banks couldn’t – again.
Vero Beach, FL At the time that this doctor’s mortgage was about to term, the value of his collateral and real estate had significantly depreciated. Because of this, the bank denied his loan request, leaving him without collateral and without many options – until he came to ComCapFL. Using his stock portfolio, we were able…
Continue reading $700,000 Line of Credit – Physician’s Practice
Cocoa, FL This property was not your typical apartment property, but rather a “one-off” building (meaning some amenities of a typical apartment building were unavailable, which banks don’t particularly like to finance…) We were able to finance the purchase with a fixed-rate, conventional purchase loan with cash out, which also provided extra capital for a…
Continue reading $700,000 – CRE Purchase – Apartment Building
Refinance – Industrial A 25-year-old family business ran into a wall with the bank. The bank called their note post-recession just as their real estate collateral value dropped. The pressure was on and business was slow. What the business did not know is that the SBA is also tasked with saving good, solid businesses that…
Continue reading $1,144,500 SBA Restructure, Refi CRE – Manufacturing Co
Stuart, FL Blanket refinance loans are powerful and convenient because it can cover multiple single family residences (aka SFRs) in one loan. This investor had individual mortgages on 8 different SFRs and all of them were coming to term. To add fuel to the fire, not all of the properties were cash-flow positive – creating…
Continue reading $895,300 – Blanket Refinance on 8 SFR’s
West Palm Beach, FL Financing a gas station is tricky: it’s part business, part commercial property. Typically, banks don’t like working with gas stations because of the business risks, hazards and the potential for land contamination. This particular gas station and convenience store was having a difficult time with the bank as its loans were…
Continue reading $1,250,000 CRE Refinance – Gas Station/C-Store 
