Tag: CommCap Advisors
CommCap Advisors Finance Multifamily Portfolio!
CommCap is pleased to announce the recent closing of the Rennick Portfolios. The projects consisted of two recently renovated multifamily portfolios totaling 47 units. The two financings totaling $4,190,000 provided the borrower...
CommCap Advisors Restructures Debt on Marriot Hotel!
Due to the pandemic, the borrower faced construction delays and a potential maturity default. Since Andy Crawford, CCIM had successfully closed multiple loans with...
CommCap Advisors Finance the Construction of Aloft Hotel for +$17 Million!
Understanding the unfavorable market conditions for hotel construction, the borrower enlisted an out of state Mortgage Banker specializing in hospitality. After several months, he...
CommCap Advisors Finance Kuykendale Storage Despite Inconsistent Historical Financials!
Despite the low leverage loan request, finding a suitable lender for an asset in a small market with inconsistent historical operating history was a...
CommCap Provides Multiple Lending Sources to Borrower on North Las Vegas Retail Center!
CommCap is pleased to announce the recent loan closing on Station Plaza, a 36,000 sf, 5 building retail center in North Las Vegas. The...
CommCap Coordinates the Financing of Airport Corporate Center, a $6.2 Million Dollar Acquisition!
Though a conservative loan, a specific tenant use created difficulty for all lenders. Most passed or sought premiums in rate.
By leveraging CommCap's extensive relationships,...
CommCap Provides a Significant Cash-out Component to Borrower on Refinance!
Owner-user client was seeking significant cash-out to pay off higher interest business debt. Andy Crawford, CCIM identified one of CommCap’s correspondent life company lenders and assisted...
CommCap Coordinates Financing with a Lender, Holding the Rate for 162 Days!
Matthew Hoyt recently financed Boulder Marketplace, a 29,000 sf multi-tenant retail center. When the borrower was unable to obtain traditional bank financing on the...
CommCap Advisors Finance Rainbow Center in 41 Days!
For acquisition reasons, timing was the most important factor in the financing of this mixed-use retail/office building. CommCap was tasked with quickly arranging a...
CommCap Provides Financing When Other Lenders Passed
Prior to working with CommCap, the borrower sought financing elsewhere. As an atypical industrial project (mostly unimproved land and outdoor canopies), most lenders passed...