Commercial Mortgage News

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

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

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 subleased their space to the...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

$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.  The loan proceeds funded 95%...Read More

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 schedule as the private money...Read More