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$2,415,000 – Residential Subdivision Development
Nampa, Idaho Typically, we do not do residential deals unless it is a portfolio or subdivision development consisting of more than five homes in the deal. However, this deal had several homes being developed in a great area! The client had already finished the...
$750,000 – Fast Private Money Loan for Acquisition of Daycare
Las Vegas, NV This borrower owned a daycare and saw an opportunity to buy another daycare that she knew was being poorly run. Upon expressing interest to purchase the daycare, the seller agreed to give her the business essentially for free, leaving her to purchase the...
$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...
$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...
$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...
$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...
Commercial Loan Trending Topics
CMBS Loans: The #1 Move for Commercial Income Properties
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 and...
New SBA Stimulus Promises Small Businesses Months of Free Money and MORE (EXPIRED)
*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 during...
5 Loan Document Tips for Commercial Borrowers During COVID-19
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...
The Complete 2023 Guide to Commercial Real Estate Investing
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...
Commercial Real Estate Deals Increase Amid COVID-19 Pandemic, NAIOP Says: How You Can Take Advantage
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...
What to Know Before You Apply for a Commercial Loan
The process of commercial loan borrowing is intricate, and costs a lot of time and money. Before applying for a loan, consider these tips to better prepare yourself for what's to come! Tip #1: There are a multitude of rates and options -- and they're not always...
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