Commercial Mortgage Lenders – Can Sanford and Son and Institutional models coexist? For a portion of commercial mortgage broker business flow, we can be thought of as the Sanford and Son of the mortgage brokerage industry. We finance many deals that others have left for trash and deemed unfinanceable, at a clip of approximately $100...Read More
Get Commercial Construction Loan Financing Financial Compound is one of the few commercial mortgage brokers closing commercial construction loans since the recession in 2007. The construction loans available today typically range from 65% to 80% of all-in cost and require some level of pre-leasing or strong credit support. Many of our construction loan transactions are...Read More
Bank relationship pricing without a borrower deposit requirement LOS ANGELES, CA – Commercial mortgage broker FINANCIAL COMPOUND announces that the firm has arranged an $11.5 million loan to refinance a shopping center located in the City of Los Angeles. Financial Compound had been engaged by the owner, an experienced real estate investor, to structure the...Read More
Financial Compound works through Skirball Fire Financial Compound, located at the epicenter of the Skirball fire on 1305 Casiano Road in Belair Los Angeles, remains open for business. Located 6 properties away from the 2 houses that burned down on Casiano Road, Financial Compound utilizes state of the art computer infrastructure and cloud backup to...Read More
Commercial Mortgage Lenders: Hospital Refinance in Southern California Financial Compound performs a $7 million hospital refinance for a hospital in southern CA. The refinance was part of the borrower’s re-organization plan as it emerged from Chapter 11 bankruptcy. The property includes approximately 100,000 s.f of 1960s construction and is occupied by two tenants. The first...Read More
Commercial Bridge Loan for a mixed use acquisition An 85% of all-in-cost $14 million mixed use acquisition commercial bridge loan was arranged by Financial Compound for the acquisition/reposition of a 30,000sf mixed use property in Los Angeles. The property was sold by an owner-user, who intends to vacate, along with the other anchor tenant, within...Read More
Commercial Mortgage Lenders: FDIC Agreements – Loss Share or Lost Hair? While Financial Compound has completed loan modifications and note sales with many types of commercial mortgage lenders, we have been involved in only a precious few with banks holding recourse commercial real estate loans subject to a loss share agreement with the FDIC. Since 2009 the successor bank purchases all...Read More
While new technology is completely changing the face of the residential mortgage market, the same story isn’t happening in the commercial mortgage market. As it stands, mortgage lenders are almost being forced to use more technology in order to compete in the market. Kelly Adkisson, a managing director at Accenture Credit Services, recently explained in an...Read More
Cash Out Refinance An $8,000,000 cash out refinance was obtained for this retail center in anchored by a local fitness center, with 8 other locations, had historically been 100% occupied and anchored by a grocery store. The grocery store is dark and remains on the lease for many years and and subleased their space to...Read More
Financial Compound worked with a closely held portfolio lender to meet the borrower’s closing deadline to close a $9.8 million industrial mixed use refinancing in East Los Angeles in 32 days. We navigated several obstacles, including significant research to prove out the borrower’s top-of-market rents for this newer construction, a portion of which was occupied...Read More
While Financial Compound has completed loan modifications and note sales with many types of commercial mortgage lenders, we have been involved in only a precious few with banks holding recourse commercial real estate loans subject to a loss share agreement with the FDIC. Since 2009 the successor bank purchases all of the failed bank’s assets, and enters into a loss share...Read More
Financial Compound arranged two acquisition loans with 2 different commercial mortgage lenders totaling $15,000,000 for the purchase of two adjacent suburban midrise office buildings in North Carolina built in the 1980s. Building A is 95% occupied, and building B 40% occupied. Financial Compound surveyed the commercial real estate capital markets and recommended as the optimal financial structure, a fixed...Read More