Buy Apartment Buildings or Refinance with Non-Recourse Loan

Santa Clarita, California – Information today for Commercial Loans is on refinancing Apartment Complexes. We have some unbelievable rates on Non-Recourse Loans for Apartment Buildings and Net Lease Properties. Commercial Mortgage Lenders have arranged capital to refinance a 752-unit apartment complex. The Commercial Loan on this Apartment Complex is a non-recourse loan and fully amortizing. This refinancing has commercial loan terms set at a 3.75% fixed interest rate. The Loan-to-value “LTV” was 82%. This commercial loan may be the largest financing yet in the HUD 223(f) program. This 223(f) program insures mortgage loans to facilitate the purchase or refinance of existing multifamily rental housing.

The Colony Townhomes has of two and three bedroom, two-story units. These Apartments contain granite counter tops, washer and dryers, fireplace, and two car direct-access garages, along with community amenities including five pools, a fitness center and five spas. These types of Apartment Buildings make fine collateral for the next Commercial Loan.


The Investment Property securing this commercial loan is the Colony Townhomes. The Colony Townhomes is located at 17621 Pauline Court in Santa Clarita. The Investment Property, Colony Townhomes provides residents with a charming yet intimate community. This Investment Property is situated in a cozy neighborhood that ensures the convenience of city life within a peaceful Canyon Country setting. These apartments are just minutes from great shopping and entertainment, as well as excellent upscale dining. Weekend getaways to Los Angeles and the beach. Net Lease Properties are an exceptional investment in the Los Angeles area. This scenario makes Santa Clarita an ideal, serene location just a short drive to the city and the San Fernando Valley.

A Non-Recourse Loan has many benefits. With a Non Recourse Loan, you are only responsible for the collateral associated with the Loan / Mortgage. If you default on the Loan, you lose only the Investment Property, the collateral. If the value of the asset dropped during the period of the Non-Recourse loan, the difference between the value and the loan does not have to be re-paid. In that case, the lender would be responsible for the debt.

Non-Recourse Loan on Arizona Mixed-Use Property

Scottsdale, Arizona - Commercial Loans reports today is coming from the beautiful city of Scottsdale. A commercial property, mixed-use project is getting a commercial loan for $70 million. This commercial loan is permanent financing used to help facilitate the acquisition of Scottsdale Quarter.
The Retail real estate investment trust, Glimcher Realty Trust, has cemented their ownership position of the Scottsdale Quarter, mixed-use project. This Commercial Real Estate used to secure the commercial loans is in north Scottsdale.

This Investment Property, Scottsdale Quarter is located east of Scottsdale Road across from Kierland Commons. The first phase opened in 2009 and includes Tenants such as H & M, Williams Sonoma Home, Apple, Oakville Grocery and Brio Tuscan Grill, as well as others. Phase 2 of this commercial real estate project is scheduled to open this fall. It will include a variety of boutique retail and restaurants, including Nike and True Food Kitchen. Currently undeveloped land, Phase 3 of commercial real estate project is yet to be determined.

The plan for Phase 3 has yet to be determined. It’s currently undeveloped land but could include office, hospitality, residential and retail.

This commercial loan helped Glimcher’s purchase of the land under Phases I and II of Scottsdale Quarter and allowed the REIT to consolidate the leasehold and fee positions. Reports have it that the "REIT" Real Estate Investment Trust purchased the fee simple interest to roughly 14.5 acres from Sucia Scottsdale LLC for $96 million.

Commercial Mortgage Lenders arranged this commercial loan with nice terms of five-years, and a non-recourse loan with a rate of 4.91% percent. The conduit loan is secured with collateral of the ground lease on the 600,000 square-foot Scottsdale Quarter.

A Non-Recourse Loan has many benefits. With a Non Recourse Loan, you are only responsible for the collateral associated with the Loan / Mortgage. If you default on the Loan, you lose only the Investment Property, the collateral. If the value of the asset dropped during the period of the Non-Recourse loan, the difference between the value and the loan does not have to be re-paid. In that case, the lender would be responsible for the debt.

Commercial Mortgage Lenders for Non-Recourse Loans

Palm Beach, Florida - We have the solution for Non Recourse Loans. Let our Commercial Mortgage Lenders assist you in finding a Non-Recourse Fixed Rate Retail Loan or Government Loan.
They will get you the best terms possible in today's marketplace!

Non Recourse Loans
Many NNN Properties -Triple Net are eligible for Non-Recourse Loans.
When buying Investment Property you can always try to get a Non Recourse Loan if available. The Non Recourse Loan is excellent when purchasing a Triple Net Lease Property.

We specialize in Commercial Loans from $500,000 to $25,000,000 +.

Contact us, HERE for a Loan Quote on a new Commercial Mortgage Loan or for commercial refinance rates.

We can assist with:

*CTL Financing (Credit Tenant Loans)
*Commercial Lending*FHA refinance
*Private money
*Interest only mortgages
*Construction loans
*Mezzanine Loans