Commercial Mortgage Broker
Commercial Real Estate Loans
Financial Compound obtains commercial real estate loans for your business. Finance apartment buildings, office buildings, retail shopping centers, industrial buildings, hotels, raw land or raise cash from a commercial real estate property. We have great and thorough understanding of the capital markets so we can help meet the needs of both the lender and the borrower. Representative transactions:
$15,000,000
Retail/ mixed use Letter of Credit
100% of cost, 65% LTV, 1% interest rate
100% of cost, 65% LTV, 1% interest rate
Structured acquisition financing to purchase a 4.5 acre in-fill site with an effective 1% annual interest rate. Existing improvements were functionally obsolete and seller desired to remain in occupancy until relocation to new facility. Our customer took title to property and gave seller a Letter of Credit, to be cashed upon earlier of 2 years or when seller vacates property. The LC fee was 1% per year.
$16,050,000
Grocery store refinance
40% LTV, 2.4 DCR
40% LTV, 2.4 DCR
Two national chain grocery stores in prime Los Angeles locations with strong sales. Loan terms included a 67 basis point spread over the ten-year treasury, yield maintenance after a three-year lock-out, and a seven month free rate lock. No lender fee.
$74,000,000
Office building refinance
60% LTV, 1.70 DCR
60% LTV, 1.70 DCR
Aggressively priced 5 year floating rate LIBOR facility. At borrower’s request a competitive bid was conducted amongst interested capital providers. Cutting edge terms included no reserves, customization of the recourse carve-outs, limitation of lender’s approval rights, and borrower friendly provisions in the event of non-monetary default.
| Loan Amount | Loan Type | Location |
|---|---|---|
| $ 5,400,000 | Unanchored Retail | Las Vegas, NV |
| $ 1,900,000 | Self Storage | Los Angeles, CA |
| $22,000,000 | Unentitled Land | Santa Paula, CA |
| $11,000,000 | Homebuilding Revolver | Orlando, FL |
| $ 8,000,000 | Anchored Retail | Jacksonville, FL |
| $15,300,000 | Office building | Charlotte, NC |
| $13,500,000 | Anchored Retail | Eau Claire, WI |