What's Closing Now Archives - Page 4 of 6 - Commercial Capital Ltd., FL

$1,495,000 – Acquisition and Rehab of Medical Office

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 was $1,443,200. What made this file even more complicated was that the doctors… Continue reading

$575,000 – ComCap Private Fund – New Construction Rural AirBnB

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 the closing was possible IF they… Continue reading

$315,000 – Private Fund – Building and Renovation (Dental Office)

A dentist who wanted to start her own dental practice signed our commitment letter on July 11th and had a drop-dead closing date of July 22nd – giving us only ten days to close. To be ready for business, the building needed interior remodeling, which required permits, plans and specs. Those necessities were going to… Continue reading

$650,000 – Cash-out Refi – Owner Occupied CRE

Vero Beach, FL This business owner wanted cash to make building improvements and to take advantage of a sudden opportunity that would help expand his forestry management business. We were able to secure him a 25-year, fixed-rate refinance with cash-out for his free and clear owner-occupied property, helping increase his liquidity while keeping his monthly… Continue reading

$1,300,000 – Cash-out Refi – SFR Portfolio

Brevard County, FL This client had a very conservative relationship with debt. His whole life, he was taught that debt was “bad” – so when he purchased the 14 properties in his portfolio, he made sure that they were all paid off and cash-flow positive. However, this kept him paper rich and cash poor –… Continue reading

$700,000 – Cash-out Refi & Purchase- SFR Portfolio

To accomplish her goals in the most efficient way possible, we bundled and leveraged her properties into a single 30-year fixed rate cash-out loan.

$2,600,000 – SBA Loan – Employee Buyout

Melbourne, FL Our client spent his entire adult life working for a very successful restaurant in town, so when the owner was ready to sell – he stepped up to buy. The only challenge was that he wanted to finance the deal immediately following a period of time when restaurant properties took a big hit.… Continue reading

$1,495,000 – Acquisition and Rehab for Medical Office

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 was $1 million, while the necessary rehab and renovations… Continue reading

$7,100,000 Cash-out Refi for Complete Renovation

Atlanta, GA The iconic “Peach” building in Atlanta, Georgia has long been an unfinished eyesore in the Peachtree/Buckhead neighborhood. What started off as an office building in the 1960s was later repurposed into unique art-deco apartments, but the funding fell through before the project could be completed. Thus, it stood there, completely abandoned for more… Continue reading

$618,750 – Refinance – Multifamily

Napa Valley, CA For this returning client, we were tasked with figuring out a refinance with challenges. The goal was to stabilize a recently-purchased rental property, but the cash flow as it stood would not support a cash-out refinance. With a little creative strategizing, we were able to place her with a 25-year fixed-rate amortizing… Continue reading

Address

402 5th Ave Ste 102
Indialantic, FL 32903

Write to us

info@comcapfl.com

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(888) 959-1648

Commercial Capital Ltd., FL is a direct lender and correspondent for 300+ additional funding sources – including banks, credit unions, and private capital – ranked among the nation’s top 40 commercial lenders for loans closed.