
Recent Closings
Office - Maryland -
$500,000 Purchase
Multi-Family - Florida -
$320,000 Line of Credit
Mixed-Use - California -  $227,500 Refinance
RV Park - Arizona -   $350,000 Refinance
Retail - Detroit, MI -   $256,000 Line of Credit
Auto Center - Virgina -
$450,000 Refinance
Office - Washington, DC - $500,000 Refinance |
|

|
|
Property Eligibility -
Business Line of Credit (70-75% LTV):
All standard property types and
many non-traditional are eligible, including:
- Office
- Office Condo - Some restrictions may
apply
- Warehouse
- Retail
- Mixed-Use
- Special Purpose
- Residential 1-4 - Must be vested as
a business, partnership, corp, or LLC
- Some Environmentally Sensitive Properties
Most Common Eligible Special
Purpose Properties
(Max 60% LTV)
- Assisted Living Facility
- Auto Repair Shop
- Convalescent Home
- Daycare or Preschool
- Fast Food Restaurant
- Gas Station <10 yrs old
- Health Club or Gym
- Mini-mart
- Nursery (Horticulture)
- Self-storage
- Theater
Non-eligible Property Types Include:
- Agricultural/Forestry/Orchard/Farm
- Auto Wrecking/Auto Salvage Yard
- Cemetery
- Dry Cleaning Plant
- Gas Station > 10 years old
- Golf Course
- Heavy Industrial
- Hospitality (hotel, motel, B &
B, condo-tel)
- Mobile Home/RV Park - Check
our other Multifamily Programs
- Non-Profit Organization - Available
here
- Vacant/Undeveloped Land - Available
here
- Time Share Property
|
Multi-Family Housing, 5+ Units:
We fund these types of residential structures that include 5 or
more dwelling units in the same building. Generally, these are
multistory residential buildings containing apartments for rent.
It is a structure with individual apartment units but a common
entrance and hallway.
Mixed Use/Apartment Building:
Our real estate professionals have decades of nationwide experience
at the local level and we fully comprehend the intimate apartment
and mixed-use real estate markets. In terms of our valuation we
consider such factors as age, condition, supply and demand issues,
and rent control to name a few. Valuation factors vary for each
property type but our ability to understand the industry and the
facts that affect value enable us to outperform all others.
Office Property:
We understand and appreciate clients that have office properties
or are looking to purchase an office property. Whether your property
is a class A, B or C, or not fully occupied, we can help you get
the financing terms that you are looking for. We know office property
and we are experienced at getting through the challenging situations.
Warehouse/Self-Storage:
Over the past decade, we have seen a growing number of warehouse
facilities appear around our neighborhoods. This once underserved
market has been developed into one of the more competitive building
classes in the country. New developments for office - warehouse
buildings. Whatever the case, we have a seasoned staff that is
up-to-date with the most current advances in self-storage industry.
|