Blog

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 […]

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 […]

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 […]

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 […]

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 […]

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 rate, interest only, close to 100% LTC, […]

$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% […]