Borrower Challenges:
Financing limitations due to impacts of Covid on Hospitality sector
Borrower required prepay flexibility
Seeking a refinance with a substantial cash-out requirement
Why CommCap Advisors?
The Carson City request faced limited options for refinancing as typical CMBS and Life Insurance loans weren’t suitable for the borrower’s objectives. The borrower needed a trusted team to identify the best possible scenario to overcome his challenges.
The borrower enlisted the guidance of Andy Crawford with CommCap based on a broker relationship referral.
By leveraging an existing relationship with the lender, CommCap was able to secure a low cost execution with zero prepay.
Andy aggressively managed the underwriting and closing processes to maximize cash-out proceeds for the borrower to grow his portfolio.
Contact today for current rates!
Andy Crawford, CCIM 702.792.7552 Acrawford@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.