by Dave Dambro | Aug 20, 2022 | Blog, Bridge Loan, Commercial Loan News, Commercial Real Estate, Loan Types, Refinance, SBA
Congratulations! You’re approved! Now what? Whether you’re an investor or a business owner, you are now one step closer to reaching your goals – which can be very exciting! However, this is also a crucial time. With the amount of risk your lender is taking...
by Dave Dambro | Aug 9, 2022 | Commercial Loan News, Commercial Real Estate, What's Closing Now
Rural West Texas This deal needed to close quickly. They were scheduled close on the property on Tuesday, the 5th of July, but had only submitted their loan request to us on July 1st (that’s right, the Friday before the 4th of July!) Note: A 10-day extension on...
by Dave Dambro | Jan 6, 2022 | Commercial Loan News, Commercial Real Estate, What's Closing Now
Orlando, FL This was a purchase and renovation by a husband-and-wife doctor duo. Both the husband and the wife had multiple entities, making this a rather large loan file to process (which is no problem for our ComCap Team!) The purchase price of the office building...
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 | Feb 11, 2021 | Blog, Bridge Loan, Commercial Loan News, SBA
Pandemic or not, businesses want to stay in business. Investors want to jump on rare investment opportunities — but how do they do that when the banks shut them out? The answer: they turn to private lenders. But why are people so hesitant when it comes to...
by Dave Dambro | Jan 27, 2021 | Blog, Commercial Loan News, SBA
*Amended on February 23, 2021 to reflect SBA’s Procedural Notice posted on February 16, 2021. Details constantly subject to change. For more information, visit the SBA’s website at www.sba.gov. As things continue to rapidly evolve in commercial financing...
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