Sources Of Financing
[ Home ] [ Up ] [ Apparel Retailers Expanding Nationwide ] [ Who's Opening & Where ] [ Buyers & Sellers ] [ Food Retailers Expanding Nationwide ] [ New Construction ] [ Real Estate Professionals Making The News ] [ Lead Sheet ] [ Lease Signing ] [ Sources Of Financing ] [ Space Place ]

Sources Of Financing

The Argus Group (800-339-9910) is an equity-based lender and mortgage broker specializing in southern CA. The company funds up to 70% LTV on future value for construction and rehab and up to 75% LTV on as-is value and focuses on commercial, industrial, mixed-use, apartments, one-four units and zoned lots. The company does permanent, gap, bridge and mezzanine loans.

Aries Capital, Inc. (708-488-1485) arranged $16.5 million in financing for Canyon Portal Shops, a 46,689 sq.ft. center located in Sedona, AZ. The borrower, Canyon Portal II, LLC, originally acquired the property, located on Highway 89A, in 1996.