The borrower had recently completed Phase I of a new multifamily community and the existing construction lender was requiring a material change to the loan.
Adam and Shelly were able to secure the borrower with a permanent, fixed-rate option while the property was still in lease-up.
The new loan allowed for funding upon stabilization without the need for trailing stabilized numbers.
Contact CommCap today to discuss your CRE needs.
Adam Gregory, CCIM | agregory@commcapnv.com
Shelly Dunbar | sdunbar@commcapnv.com
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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.