Commercial Investment Real Estate

NOV-DEC 2013

Commercial Investment Real Estate is the magazine of the CCIM Institute, the leading provider of commercial real estate education. CIRE covers market trends, current developments, and business strategies within the commercial real estate field.

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ReadyCap Commercial is Lending Differently™ JUST CLOSED Your direct lender for small-balance commercial real estate loans from $500,000 to $10,000,000 $10,000,000 CLOSED: Sept. 2013 LOCATION: Houston, TX HIGHLIGHTS: Investor Bridge financing for a Class A office building. ReadyCap structured a 5-year bridge loan to accommodate loan maturity and DPO, with interest, Tenant Improvement and Leasing Commission reserves for future expenses. $1,200,000 CLOSED: Sept. 2013 LOCATION: Allentown, PA HIGHLIGHTS: Conventional Multifamily cash-out refinance on a recently renovated property. ReadyCap provided a 5-year fixed, 30-year amortization loan. $8,300,000 CLOSED: Sept. 2013 LOCATION: Scottsdale, AZ HIGHLIGHTS: Bridge request for a shopping center with occupancy in the mid-60% range. Owner expected a rapid lease-up after some minor capital expenses. ReadyCap provided a permanent loan and rates, with an earn-out to increase borrower proceeds. $1,563,200 CLOSED: Sept. 2013 LOCATION: Chicago, IL HIGHLIGHTS: ReadyCap provided Conventional Multifamily financing with a 10-year loan term to a foreign national borrower. N ON-R E CO UR SE | F OR E IGN NAT IONA LS | H OLD- BAC KS | E A RN-OUTS | INTE RE ST O NLY Discover the difference – call 888.354.0822 or visit ReadyCapCommercial.com. lending differently. TM © 2013 ReadyCap Commercial, LLC, 114 Pacifica, Suite 400, Irvine, CA 92618 | Licensed under the California Department of Corporations, CFLL #603K032. This is not an offer to lend. Financing subject to the credit evaluation and subject property collateral approval. Other restrictions may apply. Terms and conditions subject to change.

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