ValueXpress is making a market in small-balance CMBS loans as an accommodation to new and existing customers, while most CMBS conduit lenders have minimums of $3 million and even $5 million in some instances. “With a push to close more self-storage and small-balance single-tenant loans such as drug … [Read more...] about 3.31.17: Small-Balance CMBS Loans Still Available
12.5.12: SBA 504 Program Still Best Opportunity for Owner-Occupied Purchases
The Small Business Administration's (SBA) 504 loan program provides long-term, fixed-rate financing for owner-occupied commercial real estate and for the purchase of long-term capital assets. SBA 504 loans are designed to cover up to 40% of a project's costs with a maximum of $5 million in funding; … [Read more...] about 12.5.12: SBA 504 Program Still Best Opportunity for Owner-Occupied Purchases