Sentences with phrase «closing on your commercial loan»

Not exact matches

-- «Wells Fargo Lent $ 502M for Rockpoint and Brooksville's Starrett City Acquisition,» by Commercial Observer's Mack Burke: «Wells Fargo Multifamily Capital provided Boston - based Rockpoint Group and Brooksville Company with a $ 502 million Fannie Mae loan to facilitate the duo's $ 905 million purchase of the 46 - building Starrett City complex in East New York, which closed on May 4, according to records filed Friday with the New York City Department of Finance.

Typically a bank loan is going to take you anywhere from 4 to 6 weeks to get closed, and sometimes longer depending on the transaction, especially if it's a commercial property that's underlying the loan.

To conduct this survey, the Finance Board asks a sample of mortgage lenders, representing savings associations, mortgage companies, commercial banks, and mutual savings banks, to report the terms and conditions on all single - family, fully amortized, purchase - money, nonfarm loans that they close during the last five business days of the month.

The only remaining such program, the Term Asset - Backed Securities Loan Facility, is scheduled to close on June 30 for loans backed by new - issue commercial mortgage - backed securities; it closed on March 31 for loans backed by all other types of collateral.

Federal regulators put banks on notice last December that they were going to be taking a closer look at commercial real estate loan concentrations in a joint statement on «Prudent Risk Management for Commercial Real Estate Lending» issued by The Federal Reserve along with other federal bank rcommercial real estate loan concentrations in a joint statement on «Prudent Risk Management for Commercial Real Estate Lending» issued by The Federal Reserve along with other federal bank rCommercial Real Estate Lending» issued by The Federal Reserve along with other federal bank regulators.

In June, for example, Key Commercial Mortgage closed a $ 19.5 million loan on the corporate headquarters of Modern Continental Cos. in Cambridge, Mass. «Normally, such a high - quality property with a high - quality tenant would be financed by an insurance company,» said Burke.

HFF closed on the sale of a $ 96.2 million commercial loan portfolio on behalf of a major life insurance company.

Other stories look at the impact residential loan rules from 2010 are having on commercial loan processing, the Treasury's expansion of its money laundering program involving real estate, and NAR's win as the CFPB tells lenders and settlement agents it's OK for them to share the closing document with agents.

A great opportunity for households to get a mortgage loan if they live in a rural area Commercial real estate is looking good — thanks to an improved lending environment And the federal government has resources to help you understand new closing rules These stories and more on The Voice for Real Estate Hi, I'm Stephen Gasque of the National Association of Realtors.

We can help you close on the private commercial hard money loans you require, and more importantly, do so in a manner that is quick, consistent, and dependable.

On the other hand, if you're financing a high leverage multi-unit Commercial Real Estate Loan or ground - up construction project, the documentation, due diligence, and closing processes will all take longer.

Well, the troupe of financing models like - credit line, bank loans, commercial loans private loans, and hard loans, can help you close the purchase without having hard cash on you.

Attorneys on staff to assist with commercial transactions, land acquisitions, commercial loan closings, spreaders, etc

Ben Shaoul «s Magnum Real Estate Group just closed on a $ 97 million loan from SL Green Realty Corp. to acquire and begin construction on a Lower East Side residential project, a representative for Magnum confirmed to Commercial Observer.

Aries Conlon Capital is pleased to announce that the national commercial real estate mortgage and investment banking firm has closed on a $ 5.7 million permanent loan at a below - market 4.3 % interest rate for a Holiday Inn Express in Ontario, Oregon; a $ 7.5 million, interest - only bridge loan for the leasehold portion of the Radisson Hotel Cromwell in Cromwell, Connecticut; and an $ 8.8 million, non-recourse, CMBS permanent loan for a Hampton Inn in Gulf Shores, Alabama.