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Sources Of Financing
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Sources Of Financing Dominion Mortgage Corp. (310-477-3041) offers single-tenant, multi-tenant, retail portfolio (anchor and non-anchor), distribution warehouse, hotel, industrial and strip center financing.
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.
Marcus & Millichap Capital Corp. (949-851-3030) arranged $8.279 million of debt financing on Locust Grove Village, a 108,750 sq.ft. center located on Bill Gardner Parkway in Locust Grove, GA. The center is anchored by Ingles and is cotenanted by Great Clips, Curves, Pine State Mortgage and 13 other restaurant, specialty boutiques and professional service tenants. The financing was provided through a conduit lender at a 70% LTV ratio and a 6.2% interest rate. The loan is fixed for 10 years with an amortization of 30 years.
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