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Sources Of Financing
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Sources Of Financing L.J. Melody & Co. (858-646-4788) arranged permanent financing of $10.5 million for the LaVerne Courtyard Shopping Center in LaVerne, CA. The 84,800 sq.ft. center is tenanted by Office Depot and Sears Orchard Supply.Martin Capital Group (270-354-6394) offers private placement credit tenant lease financing for single tenant, corporate office, retail and industrial/warehouse/distribution properties nationwide. The company offers loan amounts of $2 million with DSCR as low as 1.00X, maximum LTV of 100% with fixed and competitive interest rates and non-recourse liability. The company can close within 45 days. Silo Financial (203-869-3999) offers bridge loans of $150,000 to $5 million for terms of three months to three years. The company offers fixed and floating rate loans with flexible prepayment provisions, interest-only amortization and rapid response and approval. The company offers creative loan structuring, a simplified loan application and underwriting process. |