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Commercial mortgage broker Financial Compound occasionally does home loans.  A recent residential closing for 75% of purchase, 3.875% interest rate, 30 years fixed, 30 year amortization.  No lender fee.  Aside from amazing loan terms, this transaction was unique in that the borrower was trading out of a 4 plex and did a 1031 exchange to […]

Economic conditions should mean a healthy level of growth for the commercial real estate industry through 2017. That’s the conclusion of a study by the Urban Land Institute (ULI) Center for Capital Markets and Real Estate. The report is the result of a survey of 49 top economists and analysts from industry organizations. The latest […]

Commercial and multifamily lenders closed on nearly $400 billion in loans in 2014, which was up by double digits over the prior year and the highest total since the booming years in the lead up to the credit crisis, the Mortgage Bankers Association (MBA) reported Wednesday. “Last year was a strong year for commercial and […]

$1.5 million for cross-collateralized Dollar stores acquisition in Southeast.  The four dollar stores were located in predominantly secondary/tertiary locations, with staggered near-term lease rollover and no reported sales.  Furthermore, the borrower is neither a citizen or resident of the United States.  Despite these difficult underwriting characteristics Financial Compound obtained terms with a 4.67% interest rate, […]

Swaps spreads are a measure of  risk in the credit markets.  The higher the swap spread, the bigger the credit risk as perceived by market players.  To most easily understand how swap spread are a proxy for risk, we can start with a simpler example of how to gauge credit risk in the market.  Credit […]

Financial Compound refinance office building in suburban Boston Across New England there are numerous pockets of strengthening commercial real estate markets.  For example, many of Boston’s suburbs are currently enjoying an economic recovery, along with increased commercial rental rates and reduced vacancy rates.  Multi-family properties are especially strong with a virtual 0% vacancy rate and […]

Major Manufacturer in California Relocating to Nevada due to Fiscal Cliff Commercial mortgage broker Financial Compound has a client with a large manufacturing facility in Southern California who has decided to relocate to Nevada largely due to the portent of increased taxes from the fiscal cliff along with higher costs of doing business associated with […]

Refinance of Free Standing Restaurant in Los Angeles, CA $1 million refinance for a free standing restaurant in Los Angeles, California. The restaurant, opened in the 1970s, has a history of stable cash flows and has been favorably reviewed by various local and national magazines. In addition to paying off the existing mortgage, the loan has […]

$2,250,000 refinance for an approximate 12 unit apartment complex in Los Angeles, built in the 1940s.  The borrower was seeking a max-leverage refinance to payoff the existing first mortgage as well as some delinquent property taxes.  Many lenders would not consider this transaction as a result of the delinquent real estate property taxes. Commercial Mortgage Broker Financial Compound […]

CMBA Las Vegas 2012 Commercial Real Estate Finance Conference, September 19-21, 2012 Encore a the Wynn, Las Vegas This CMBA 15th annual Western States CREF conference boasts the largest gathering of western states commercial real estate lenders.  Look for Financial Compound on Thursday September 20 at 1:45pm at Session 1: Bank Lending in Today’s Environment.  Panelists include: Moderator: Kevin McKenzie, HFF, […]

Commercial Mortgage Modification, $15 million loan in Southern California Commercial Mortgage Broker Financial Compound arranged a modification/workout for an approximate o$15 million loan in a strong in-fill Southern California location.  Financial Compound had originated the acquisition bridge loan and have stayed involved working through issues that have arisen since the initial closing four years ago. […]

$18 million for two big box tenants in Southern CA, both tenants are credit tenants with long term leases although one lease expires in 2013.  Financial Compound structured a 15 year loan with windows of flexible prepayment penalty throughout the loan term to accomodate potential refinances or re-leasing upon primary lease and option period maturities.  Financial […]