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 Search for: Light Industrial purchase in Massachusetts.
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TheBigGuy

536 Posts

Posted - 11/05/2009 :  12:48:43 PM
Solid borrowers, Solid LTV. Who has best rate/terms?
mcmoney

743 Posts

Posted - 11/05/2009 :  1:09:43 PM
The one who will fund it.
TheBigGuy

536 Posts

Posted - 11/05/2009 :  1:12:16 PM
No doubt, but this is not exactly a "tough" deal, putting aside the fact that most commercial deals right now are tough in some way.
mcmoney

743 Posts

Posted - 11/05/2009 :  1:15:54 PM
What's the nature of light industry ocurring within the property, the purpose for the loan request, LTV and the methodology used to estimate current value?

Also, is this owner/user or investor?
TheBigGuy

536 Posts

Posted - 11/05/2009 :  1:19:37 PM
purchase, owner occ, printing press, 65 LTV
findingfunding

228 Posts

Posted - 11/05/2009 :  1:20:30 PM
Nationwide commercial purchases--70% LTV, rates in the 6's depending on product but as you say no such thing these days as a slam-dunk. Some info on website. Be happy to discuss.
omk124

20 Posts

Posted - 11/06/2009 :  3:21:40 PM
How Big is the deal

Omar
Wells Fargo Bank
310-426-3813
TheBigGuy

536 Posts

Posted - 11/07/2009 :  04:10:05 AM
2.4 pp
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