The borrower initially executed a PSA and Loan Application just weeks before the pandemic. During the lockdown, rising vacancy and an illiquid secondary finance market forced the borrower to terminate the transaction. Once the market settled, the borrower reinitiated dialogue with the seller and CommCap was tasked with identifying a lender not beholden to credit market volatility. To ensure certainty of close, CommCap leveraged an existing lending relationship interested in growing their Nevada loan portfolio. This time, the loan closed without interruption.
Contact today for current rates!
Kyle Nagy
702.792.7553
Knagy@commcapnv.com
Sebastian Torres
702.792.7554
Storres@commcapnv.com
As your exclusive advisors, CommCap utilizes proprietary systems, market expertise, and years of experience to secure aggressive financing options that best fit your property. Exclusive correspondent and servicing relationships with Life Insurance Company, CMBS, and Agency lenders ensure a broad and in-depth representation of current market conditions. Our team of advisors craft a loan structured to enhance revenue and allow you to focus on increasing cash flow.
We do not list, sell, manage, or lease property. We only arrange financing and are the best at what we do.