$25 Million Cash-Out Refinance Secured Before Construction Completion In commercial real estate, accessing liquidity through a cash-out refinance is often critical to unlocking equity and moving on to the next project. Financial Compound structured a $25 million cash-out refinance for a high-image retail center that illustrates how strategic structuring and capital markets insight can make...Read More
Line of Credit for un-entitled Residential Land Financial Compound was approached by a new prospective client seeking a Line of Credit to fund land purchases in Southern California. After carefully reviewing their unique needs and requirements, Financial Compound was able to successfully negotiate and secure a credit facility to fund deposits and entitlement costs...Read More
Land Loan 5 day close for unentitled land acquisition and entitlement Commercial Mortgage Broker Financial Compound arranged a 65% of all-in-cost unentitled land loan for acquisition and entitlement for an infill 10 acre residential project. A tentative tract map is expected six months post-closing that would allow for 150 town homes. In addition to the...Read More
As a commercial mortgage broker, we specialize in securing RV park financing solutions for businesses investing in commercial real estate. Recently, we worked with an RV park owner seeking to monetize 20% of their RV slips to generate capital for a construction loan to fund infrastructure improvements (lot development, water, sewer) on an unrelated RV...Read More
So far with SOFR Commercial Mortgage Broker messages may not always be flowery. But they’re always honest. Now that the new SOFR index is settling in, I have to speak out about a capital markets injustice affecting the little guy. The borrowers. Our clients. SOFR derivatives ain’t all they’re cracked up to be. Let me...Read More
Commercial Mortgage Broker wishes you Happy Pi day Our logo, aleph to the root of pi. Basically infinity to the cubed root. Equals about, infinity I think. George Kantor got a nobel prize for making set theory of infinite sets. He is also credited with the discover of set theory. The symbol he chose for...Read More
Crazy low commercial mortgage rates Currently your friendly neighborhood commercial mortgage broker has access to the rock bottom commercial mortgage rates for low leverage deals, both on the institutional and hard money side. Its not often, well I guess its kinda often, but it feels different this time. 5.5% fixed rate for 5 to 10...Read More
Condo Construction Loan, secret will self destruct in 30 seconds When you talk about loan to value of a for sale condo construction deal many lenders want to use as the value the net sales price after paying 5% selling brokerage commission. Well that is great and all but its bad math! The value is...Read More
Commercial Mortgage Refinance of Office Building Financial Compound arranged a $7.2 million commercial mortgage refinance of a 4 story 30,000sf office building leased 100% to two tenants. Despite the near term lease expirations, factors including a strong location, sponsorship, and 55% LTV allowed the lender to get comfortable with $2 million of cash-out proceeds. Commercial...Read More
Commercial Loan Broker This commercial loan broker knows that bragging is not great, but F it. We’re excited. With volume in our industry way, way down. Like in talking to our lenders and commercial mortgage broker brethren transaction activity fell off the cliff in November probably dropped 75% to 90%. Us too. Commercial Loan But...Read More
Commercial Real Estate Portfolio For this commercial real estate portfolio of apartment buildings, the staff at Financial Compound arranged a $9,240,000 of financing. Loan proceeds were allocated to both acquisitions and refinancing of three apartment buildings in Southern California, totaling 185 units. These loans have a 10 year term and are interest-only. The total loan...Read More
Construction Loan Takeout $17,000,000 Construction Loan takeout for shadow anchored shopping center. This 60,000 square foot center sits across the street from a community college, offering pedestrian traffic to the center. This loan refinanced a 100% of cost construction loan also obtained by Financial Compound. The property was still in final construction at the time...Read More