by Michael Gross | Jun 13, 2016 | Apartment Loans, Bridge Loan, Commercial Real Estate Loans, HOT!, Multifamily
As a professional in the field of lending, I often chuckle when applicants for multifamily loans totaling millions of dollars argue the smallest of fees. I notice that many borrowers have paid brokers large sums of money to represent them. Then they balk at the...
by Michael Gross | Jan 14, 2016 | Bridge Loan, Commercial Loans, Commercial Real Estate Loans, Multifamily
Bridge Loan and Permanent Financing – How does it work? Bridge loan to perm financing was a huge strategy back in the heyday of commercial lending and the fast paced economy in the early 2000’s, however the economic collapse saw this lending strategy fade...
by Michael Gross | Aug 23, 2013 | HOT!
Many people in today’s market are wondering how to get a commercial loan for real estate. That answer is easy and yet .. complex! We teach investors and sponsors hot to get a commercial loan for real estate every day and we find that some ‘get it’...
by Michael Gross | Oct 24, 2011 | HOT!
Bridge loans for commercial business loans is one of the fastest ways to fund a business capital need. With the lack of venture capital and angel investors in the market, sometimes the alternative for business capital is a Bridge Loans. Bridge loans, also referred to...
by Michael Gross | Jul 14, 2011 | HOT!
Bridge loan and mezzanine loans are very similar. Terms can range from 1 to 3 years with some being due in as long as 5 years. Rates can be from 8.5-12.5% and points can range from a low 2% up to 5%. Bridge loan and mezzanine loans may have prepayment penalties but...