This Multifamily Developer had to Approach 48 Lenders about One New Project
Link to Source Article As most lenders (banks, CMBS and Life Co) tighten up, it is becoming increasingly challenging to find financing that meets the borrower's expectations. Allow CommCap to leverage our extensive lender relationships on your behalf. To highlight the current market challenges, especially in the office market, I recently went to market with a conservative loan request (50% LTV) with Government tenants - 22 lenders and received 2 options that worked for the borrower. We are here to help with your lending needs.
Contributed by: Shelly Dunbar
Sebastian Torres is an Associate Vice President at CommCap Advisors. He joined CommCap in 2016 as an analyst and his current focus is partnering with Kyle Nagy to originate, underwrite, and close commercial mortgages. He has been involved in underwriting and closing over $400 million in new acquisition or refinanced loans during his time at CommCap.
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.