Commercial Real Estate Finance: California Shopping Center Loan Refinance Commercial mortgage broker Financial Compound arranges a $13.5 million refinance for an 76% leased, former K-Mart anchored retail center that was repositioned after Kmart went dark and left the center 20% occupied. Prior to Kmart’s bankcrupty filing, the property was 100% occupied for many years. The K-Mart...Read More
Commercial Mortgage Lenders: Cutting edge pricing and loan terms Commercial mortgage lenders have come back relatively strong in 2010 from the prior 2 years. Today ten year fixed rate loans are available with rates as low as 4.5% to 4.75%, along with 30 year amortizations. For 5 year the rates are as low as 3.9%. Loan...Read More
Commercial Mortgage Lenders: Los Angeles Commercial Mortgage Broker hires new staff Attention commercial mortgage lenders. Commercial mortgage broker Financial Compound, based in Santa Monica, CA, welcomes John Lopez to its staff. John started in the mortgage brokerage business in 1996 after graduating from Yale University and UC Hastings College of Law. In 2004 he transitioned to...Read More
Commercial Mortgage Lenders active in land financing Commercial mortgage lenders, despite the credit crunch, continue to provide land loans as well as joint venture equity capital for land, both for entitled land financing and un-entitled land financing. This according to commercial mortgage broker Financial Compound who works with the handful of commercial mortgage lenders focusing on land transactions...Read More
Commercial Mortgage Lenders: Show us your deal and we’ll find you the lender Commercial Mortgage Broker Financial Compound has been referred to by industry participants as the marvel comics superhero for commercial mortgage lenders. We can parachute in and take control of the borrower’s financial operations and analysis, forming a financing request from the ground up. We place...Read More
Commercial Mortgage Broker Financial Compound arrange this 65% of all-in-cost land acquisition and entitlement loan for a 7 acre infill residential site in Southern California. A tentative tract map is expected within four months of loan closing that would allow for 150 town homes. In addition to the land purchase, the financing provides funds for entitlement, interest...Read More
Commercial Mortgage Lenders: $13.5 million loan modification and extension This commercial mortgage lender originated a loan on a well located mixed use property in Los Angeles. At the time of loan maturity, the property was mostly vacant with no practical refinance in sight. Commercial mortgage broker Financial Compound worked with the borrower and lender to help determine a...Read More
Apartment loans: $9 million loan workout and refinance for portfolio in Los Angeles Commercial Mortgage Broker Financial Compound resolve these non-performing apartment loans, secured and cross collateralized by an apartment portfolio in Los Angeles. We structured a loan refinance with the existing lender accepting a discounted payoff of the loan, as well as waiving prepayment penalties. Financial Compound...Read More
Commercial real estate finance: Financial Fridays October through December 2010 Join us for commercial real estate Financial Fridays, our weekly underwriting training sessions. We are opening up the laboratory to new prospective staffmembers and those curious to learn about what goes on under the hood of a financial instrument. University of Financial Technologies takes place at noon on Fridays in our conference room in Santa...Read More
CMBA 13th annual Western States Commercial Real Estate Finance Conference. This conference is being held at Encore at the Wynn, Las Vegas from September 29, 2010 through October 1, 2010. With the credit crunch that began in 2007 the commercial lending marketplace has evolved into a leaner group. Touted as the largest gathering of lenders in the western...Read More
Commercial Mortgage Broker Financial Compound to attend and participate in the 13th annual Western States Commercial Real Estate Finance Conference. This conference is being held at Encore at the Wynn, Las Vegas from September 29th through October 1. Touted as the largest gathering of lenders in the western U.S., this conference represents an important exchange of information...Read More
Hard Money Commercial Loans: borrowers with bad credit ok Financial Compound closed a $600,000 hard money commercial loan for the refinance of a primary residence in Los Angeles. The borrower is a whistleblower who took aim at unscrupulous practices by his employer, a dominant player, and was fired. As a result, his credit deteriorated and he...Read More