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Commercial Mortgage

 

Media

Cornerstone Commercial Mortgage Media

Cornerstone Commercial Mortgage Arranges a $2,000,000 Construction Loan
 for a 5,700 sq.ft office building, Las Vegas, Nevada

 

Las Vegas, NV March 19, 2007.  Cornerstone Commercial Mortgage arranged a construction loan to build a two story, 5,700 sq.ft. spec office building in downtown Las Vegas.  Cornerstone originally arranged the bridge loan to acquire the 10,000 sq.ft. site which was a single family home and the developer rezoned the property to commercial creating substantial value. Now Cornerstone was able to find a construction lender to maximize leverage limiting cash equity required in the project by the borrower with a 90% Loan to Cost, a 78% LTV ratio and a 1.15:1 DSC. 

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