Financial Compound

Commercial Mortgage Broker

LATEST NEWS AND ARTICLES

Cash Out Commercial Mortgage Refinance in Florida

An $8,000,000 cash out refinance was obtained for this retail center in Florida anchored by a local fitness center, with 8 other locations, had historically been 100% occupied and anchored by a Food Lion grocery store. Food Lion is dark and remains on the lease for many years and and ...
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Industrial Refinance in East Los Angeles 32 day close

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 ...
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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 ...
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Commercial Mortgage Lenders arrange two acquisition loans

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 ...
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Tax Lien Financing

Financial Compound arranged a $28 million credit facility for single family tax liens in the Northeast. Financial Compound, with the help of our borrower, an experienced operator in the tax lien industry, demonstrated the low level of risk (15% LTV) for this credit. Other terms included a cutting edge interest ...
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Commercial Bridge Loans – mixed use acquisition loan

An 85% of all-in-cost $14 million mixed use acquisition 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 a year from the ...
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Commercial Mortgage Lenders:  Land Acquisition Loans in Washington State

$19 million in land acquisition financing (95% of all-in-cost) was provided for this 1,600 acre semi-entitled residential single family lot land assemblage, which is part of a larger, 3,000 lot SFR master planned community. To-date, about 500 lots have been built. The community includes two new 18-hole championship golf courses ...
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Construction Loan for Los Angeles Car Wash

Financial Compound obtained a $1.6 million construction loan for an express car wash in Los Angeles. After the borrower's application with a conventional lender fell through, Commercial Mortgage Broker Financial Compound was able to quickly secure a private money lender. The quick closing allowed the borrower to maintain its construction ...
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Commercial Mortgage Lenders: Debt Yield and Mortgage Constant

Debt yield, the ratio between property NOI and loan amount, has become a primary underwriting characteristic for commercial mortgage lenders. Interestingly, debt yield does not take amortization into account, which plays a factor in the borrower's ability to make mortgage payments. For example, a property with $900,000 NOI and a ...
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Apartment Finance Loans

Currently Financial Compound is a leading commercial mortgage broker closing structured apartment loans. Financial Compound is able to obtain cutting edge financing terms for apartments loans that many DUS FNMA and Freddie Mac lenders will not make. With interest rates between 5% and 7% fixed for ten years and loan ...
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