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Cornerstone Commercial Mortgage Media
November 8, 2006
Cornerstone Commercial Mortgage Arranges a $1,350,000 Bridge Loan on an office/storage building downtown San Diego, CA
Cornerstone Commercial Mortgage arranged a $1,350,000 bridge loan to refinance existing debt with cash out to the borrower. The subject was improved property downtown San Diego that was in a long escrow to be sold. The borrower wanted access to the cash sooner rather than later and Cornerstone was able to obtain a bridge loan that allowed the borrower to pull some cash out early prior to the sale closing.
Cornerstone Commercial Mortgage acts as mortgage consultants specializing in arranging commercial real estate financing for clients nationwide. 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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