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Sources Of Financing
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Sources Of Financing Mercury Capital Corp. (800-747-7736) offers commercial bridge loans. The company offers loans within 48 hours for all property types and can close within 10 days.
Marcus & Millichap Capital Corp. (949-851-3030) arranged $4.05 million of debt financing for Champions Center, a 37,370 sq.ft. located on East Bay Drive in Largo, FL. The financing was provided through a conduit lender at a 72% LTV and a 5.43% interest rate. The loan is fixed for 10 years with an amortization of 30 years. Tenants at the center include Outback Steakhouse, Wireless One and Electrolux.
Wrightwood Capital (312-324-5943) provided $18.2 million for the acquisition of Woodpark Plaza, a 144,000 sq.ft. center located in Spring, TX. The company offers bridge, construction and mezzanine loans for commercial borrowers.
Cornerstone Commercial Mortgage (702-385-2658) specializes in commercial loans over $500,000 nationwide. The company offers loans for multi-family, hotels, self storage, office, mixed-use, automotive, retail, land, industrial, church and special purpose properties. The company also offers permanent funding, construction, refinance, bridge/hard money, mezzanine and equity loans. Heritage Estates Commercial, LLC (347-721-9838) offers loans mainly along the East Coast, but will consider projects nationwide.
Martin Capital Group (270-527-5382) offers short term and long term interest-only loans with an amortization up to 25 years. The company also offers balloon loans with a long-term amortization and balloon loans with interest-only components and long-term amortization.
BMC Capital (214-526-7178) offers NNN, retail, office, industrial, hotel/motel and multi-family loans from $400,000 to $10 million with maximum amortization of up to 30 years.
First Financial Corp. (205-366-8460) offers commercial loans, real estate loans, credit enhancements and joint ventures for apartments, hotel/motels, healthcare facilities, office buildings, shopping centers, medical buildings, retail centers, casinos, resorts, sports complexes, farms, industrial sites, churches, golf courses and restaurants. The company minimum loan amount is $20 million.
MortgageCap Financial (212-631-4272) offers construction, acquisition and development financing for all types of residential and commercial projects nationwide. Types of projects include condominium developments, apartment and office construction, mixed-use properties, hotel and motel projects, land development, residential and commercial land lot developments. The company offers loans from $1 million to $250 million.
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