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Commercial Mortgage

 

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Cornerstone Commercial Mortgage Arranges a
 $1,033,700
SBA Permanent Loan
 3,000 sq.ft office condo, Henderson, NV

Henderson, NV March 5, 2008.  Cornerstone Commercial Mortgage arranged a SBA permanent loan for a local real estate developer to purchase a single story, owner occupied, 3,000 sq.ft. office condo in a new office project.  The total cost was $1,169,400 including the full tenant build-out and move in costs.  The borrower was able to borrow 89% of the total cost or $1,033,700 loan structured in three separate notes with a blended rate in the 6.75% range fully amortized over 25 years. We were able to assist the borrower in purchasing a new office with a minimum down payment at an attractive rate.

Cornerstone Commercial Mortgage manages every detail of the loan process from start to finish and assists clients in all aspect of financing from consulting on the feasibility of a real estate development project to obtaining the right construction or permanent loan. 

Cornerstone Commercial Mortgage’s Mission is to provide our clients the best loan at the most competitive terms in the shortest time possible while keeping their best interest in mind.  For more information see our web site at www.cmlv.net.

 

 

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Cornerstone Commerical Mortgage
A Commercial Real Estate Mortgage Company