by Dave Dambro | Jan 29, 2021 | Bridge Loan, Commercial Real Estate, What's Closing Now
Memphis, TN This bridge loan on the purchase of an apartment complex did not have the necessary occupancy to get a normal loan, and the client needed to close quickly. The time it took from when the client signed our term sheet to the closing was only a whopping...
by Dave Dambro | Jan 29, 2021 | Bridge Loan, Commercial Real Estate, What's Closing Now
Germantown, TN This was a purchase of an apartment complex with an occupancy lower than 85% – and thus could not qualify for conventional financing. However, we were able to get the deal done with a bridge loan source that closes quickly. Once this...
by Dave Dambro | Jan 29, 2021 | Commercial Real Estate, What's Closing Now
Athens, TX This was a purchase of two separate car washes in two different locations. We were able to combine the acquisition of both locations under one bridge loan/mortgage and put them in a great program that gave them competitive rates and terms! Looking to...
by Dave Dambro | Jan 29, 2021 | Commercial Real Estate, What's Closing Now
Bradenton, FL This was a simple purchase of an industrial condo in Florida from one family member to another. We found the right program to help the clients purchase the property quickly & have a smooth closing. If you’re looking to purchase a property, give...
by Dave Dambro | Jan 14, 2021 | Archive, Blog, Commercial Loan News, Commercial Real Estate, SBA
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...
by Dave Dambro | Dec 29, 2020 | Blog, Commercial Loan News, Commercial Real Estate
Curious about commercial real estate? Luckily, ComCapFL has pulled together all of the basics of commercial real estate investing and compiled them into one place: the 2021 Guide to Commercial Real Estate Investing! Read on for a comprehensive list of information on...
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