Key takeways Compared to other types of lenders, banks may offer larger loan amounts and lower rates Banks typically require a credit score of at least 670 for a small business loan Bad credit and […]
(Bloomberg) — Bank of America Corp.’s Chief Executive Officer Brian Moynihan said it’ll take time for the banking industry to work through issues with commercial real estate loans, after a New York regional lender alarmed […]
According to the Mortgage Bankers Association’s latest U.S. Commercial / Multifamily Mortgage Debt Outstanding quarterly report, the level of commercial and multifamily mortgage debt outstanding at the end of 2023 was $130 billion (2.8 percent) […]
New appointment further strengthens GreenLake’s bridge loan platform Firm expects to close approximately $400 million in loans in 2024 LOS ANGELES, March 11, 2024 /PRNewswire/ — GreenLake Asset Management (“GreenLake” or the “Firm”), a nationwide […]
In the dynamic sphere of commercial real estate finance, Crux Commercial Partners stands out as a beacon of innovation and success. With the recent addition of Greg Satterfield to their team, they’ve underscored their commitment […]
Ben Ashkenazy of Ashkenazy Acquisition Corporation, in collaboration with Breakwater Hospitality Group, recently spearheaded developments at Bayside Marketplace, introducing Pier 5 as a new beacon of entertainment and dining on Miami’s waterfront, the city’s vibrant […]
Commercial loans help businesses buy other companies. Getting money from lenders to purchase a business is called acquisition financing. These loans let you take over an existing company and make it part of your own. […]
“With the market expecting a reduction in base rate in the months ahead, the appeal of variable rate mortgage deals has increased for many business borrowers.”– Tom Renwick, head of business lending at Atom Bank […]
The commercial property market refers to buildings and land used for business purposes rather than residential living. In 2024, experts predict this market may face challenges like economic changes and rising interest rates. These could […]
The 2024 Commercial Real Estate Red Awards recently celebrated industry leaders Jim Ventura and Bob Knakal for their exceptional contributions, with Ventura receiving the Broker of the Year and Knakal honored with the Lifetime Achievement […]
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