However, there are lots of solid borrowers with strong deals that can’t get funding simply because the banks and brokers they are going to don’t have any money to lend. But there is hope!!
Acquisition And Development Money Is Back And Commercial Capital, Ltd. Has Access To IT!!!
That’s right, large loans for Tier 1 and Tier 2 developers to build out resorts, hotels, industrial parks, apartment buildings, even RESIDENTIAL SUBDIVISIONS are getting done again!
The local and regional banks are unwilling or unable to lend on these projects right now and the Wall Street firms are all under investigation, living in panic mode or awaiting the next takeover or merger. And we don’t think that will change for some time. We agree that commercial lending is going to drop this year overall. That’s probably inevitable with what’s going on in the economy.
However, the BIG HEDGE FUND and PRIVATE MONEY gurus used most of last year to build up their cash reserves and they have begun to deploy it! We’re not exactly sure why, but deals that could not get done last year are getting multiple bids on them now.
Over the next 30-45 days, our organization is scheduled to close nearly $1 Billion in acquisition and development loans thru our Hedge Fund partners.
Here’s an overview of the type of projects that will qualify for funding:
Please keep in mind that there are more deals needing money than money to lend so only the better deals get funded. To find out if we can help you, just call us at: 1-863-298-8900. It costs nothing to see if we can help you!
Give us a call at: 863-298-8900 or 813-833-3132 Or visit: http://commerciallendingpros.com and fill out a Quick Loan Pre-Qual form to get a fast response to your loan scenario
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