Navigating Real Estate Transitions with Bridge Loans in Newport Beach, CA
✅ Are you contemplating a move to a new home in the picturesque city of Newport Beach, CA, but find yourself caught in the intricate web of real estate transactions? If the timing of selling your current home and purchasing a new one is causing you a financial puzzle, a bridge loan could be the key […]
Acom Capital funded $18M bridge loan for Multfamily property in Seattle, WA
Acom Capital just funded $18M bridge loan of a multifamily property in Seattle, WA. It was a $25M purchase transaction. This multifamily building has 78 units. This multifamily building is in the prime area of Seattle, WA. This multifamily building has only 60% occupancy and sponsors wanted to purchase and rehab 30 units and needed […]
Fix & Flip Properties Basics
The decision to buy fix-and-flip properties depends on various factors, and market conditions can play a significant role. As of my last knowledge update in January 2022, I don’t have real-time data on the current housing market conditions. However, I can provide you with some general considerations that might make it a good time to […]
GTA Industrial Availability Rises To Highest Rate In Over Five Years
Despite higher vacancy, industrial rent prices in the GTA have surged over 150% as the market continues to favour landlords. Demand for industrial space dipped further across the Greater Toronto Area in the third quarter of 2023 but, following the frenzy kicked off by the pandemic, conditions still favour landlords. As such, rents have continued […]
Why residential loan officers struggle to close commercial loans?
Residential loan officers may face challenges when transitioning to closing commercial loans due to several factors: Different Skill Set: Commercial lending involves a different set of skills compared to residential lending. Commercial loans are often more complex, may involve larger sums of money, and require a deeper understanding of business financials, market analysis, and property […]
Is A Bridge Loan Right for Your Commercial Real Estate Project?
Commercial bridge loans serve as vital connectors between property acquisition, development, and long-term financing. Understanding how commercial bridge loans work, their mechanics, and their advantages is essential for commercial real estate developers, investors, and borrowers. What is a Commercial Bridge Loan? A commercial bridge loan is a short-term loan designed to provide borrowers with quick […]
📈💼 Navigating the Complex Landscape of Commercial Lending: Overcoming Pains for Success! 💼📉
Are you in the world of commercial lending? 🏦 The challenges we face in this dynamic industry are no secret. However, it’s essential to acknowledge the pains we encounter and, more importantly, find innovative solutions to overcome them. 🤔 Pain Point #1: Tedious Application Processes The traditional lending application process can be a labyrinth of […]
Just Closed a $2.8M Retail deal in South Carolina
The commercial loans industry plays a crucial role in facilitating financial transactions for businesses. Commercial loans are a type of debt financing that businesses use to fund various operational needs, expansion projects, or capital expenditures. Understanding the commercial loans industry involves familiarity with key concepts, participants, and processes. Here are some key aspects: ✅ Types of […]
USDA Bridge Loan: What is it and why does my business need one?
If your business has already applied for a loan under one of the USDA’s guaranteed loan programs, you will be familiar with the scheme and the many benefits that it provides to rural businesses. However, you may be less familiar with the concept of a USDA bridge loan. This article will explain exactly what a […]
