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
Curious about commercial real estate? Luckily, Commercial Capital Ltd., FL has pulled together all of the basics of commercial real estate investing and compiled them into one place: the 2023 Guide to Commercial Real Estate Investing! Read on for a comprehensive list of information on commercial real estate and financing, terms to know, definitions, explanations…
Continue reading The Complete 2023 Guide to Commercial Real Estate Investing
The impact of the COVID-19 pandemic has been felt throughout the economy, but maybe not in all the ways one would expect. According to Ron Derven of NAIOP’s Development Magazine, “The COVID-19 pandemic is having a greater impact on commercial real estate than the global financial crisis of earlier in this century. That was a credit…
Continue reading Commercial Real Estate Deals Increase Amid COVID-19 Pandemic, NAIOP Says: How You Can Take Advantage
A nation at home. Unemployment in record numbers. Businesses closing for good. What does the immediate future of lending look like in a post-COVID-19 world?
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”
Augusta, GA Another client of ours, a dentist, was using his personal credit cards for his business expenses. Because of this, the client had a personal FICO score lower than 600. With a low FICO, no lender could close any loans for this client. This is something we see often in early-stage businesses. Using a…
Continue reading $242,000 Term Loan/SBA – Dental Office Construction
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.
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
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 
