Palm Beach Mortgage News and Commercial Loans

Palm Beach, Florida - There are two very important factors for Families in Palm Beach and all across Florida. Those factors are Term life insurance and Mortgage financing. There are Palm Beach Term Life Insurance policies which can be produced to provide the insured with coverage for a defined period of time. These Term Life Insurance plans are generally from 20 to 25 years. The Palm Beach Life Insurance Company can assist you with all your Term Life Insurance needs or Florida Whole Life Insurance plans.

If your Commercial Loan is coming due and will not be refinanced, these Commercial Mortgage Lenders will help you out. Also, Commercial Mortgage Lenders are able to help get your Commercial loan for a 1031 Exchange.

California Commercial Property Refinancing

West Palm Beach, Florida - The Palm Beach Mortgage Company sees that there are some commercial loans happening for various properties. A Commercial Mortgage Lender also has finalized a $60 million Commercial loan for refinancing evaluable Commercial property. This California Commercial Property is located at 555 California Street in the Bay Area, San Francisco.. The Owners of this California Commercial Property will use the funds from the new Commercial Mortgage and also $45 million of existing cash to pay off the current loan and the necessary closing costs.

The Palm Beach Mortgage Company sees this as a three building office complex. The Palm Beach Mortgage Company discovered that this California Commercial Property has an aggregate total of 1.8 million square feet. This is a premier Commercial Property situated in San Francisco’s financial district. Various local Commercial Real estate Developers call this the Bank of America Center. The Vornado Company currently owns approximately 69% controlling interest in this property.

The Commercial Mortgage Lenders were able to get terms of a 10 yea Commercial loan. This new Commercial Mortgage has got an interest rate at 5.10%. The Commercial Mortgage will amortize based on a 30 year schedule. The Commercial Mortgage Lenders were able to get this Commercial Loan to start amortizes beginning in the 4th year.

The Palm Beach Mortgage Company was researching that the Vornado Company had obtained the 69% interest back in 2007 together with a portfolio of Commercial office building. These Commercial Properties are located on both the East and West coasts for $1.8 billion. When the Commercial property Portfolio sold the san Francisco Office building was about 93% net leased. There was a possible net lease coming in with the Florida Car Insurance Company for quotes and life and car insurance.

The Palm Beach Mortgage Company also saw that the Vornado Company executives calculated a value of $575 per square foot for the impressive 555 California Street. In accordance with Vornado’s Company website, approximately 106,743 square feet was accessible in total on six different floors of this California Commercial Property. This is a beautiful San Francisco Property that was designed by Pietro Belluschi and Skidmore, Owings & Merrill and Wurster, Bernardi & Emmons.

The Palm Beach Mortgage Company saw plenty of quality Tenants such as Bank of America; Dodge & Cox; Goldman Sachs; Fenwick & West; Kirkland & Ellis; McKinsey and Co.; Morgan Stanley; Sidley Austin LLP; UBS; and Cox, Castle & Nicholson. The Palm beach Mortgage Company saw on the California net lease properties retail side, there were tenants such as Starbucks Coffee; Bank of America; FedEx; Bay Club; Dress Barn; and Knoll.

The Palm Beach Mortgage Company had quite a bit of experience with this Bay Area. We see San Francisco experienced rent growth of almost 5% with average asking rents rising to $36.89 and $30.25 for class A and class B, respectively. Tenants have lost some negotiating leverage and must act quickly, particularly in the South of Market area.

Refinancing Retail Buildings & Net Lease Properties

New York, NY - We have data on refinancing retail condominiums, Apartment Buildings and Triple Net Lease Properties. Commercial Mortgage Lenders have capital prepared to fund commercial loans on these types of commercial property. Commercial Mortgage Lenders recently arranged capital to fund a $44 million commercial loan. This Commercial Loan was a refinancing for the retail condominium at 599 Broadway. This Investment Property is in Manhattan’s SoHo neighborhood.

This security for the commercial loan is situated at the intersection of Broadway and Houston Street in the Cast Iron Historic District. As we mentioned above for commercial loans, this retail property has excellent sources for funding. The Retail space includes the first three floors and lower level space of the 12-story building. This area is one of the better retail locations in SoHo. This obviously has the retail foot traffic that is needed to create income which shows triple net leased properties are deserving of commercial loans.

The borrower of this commercial loan was ABC Management Corp. This Commercial Mortgage was a 10-year, fixed-rate loan with Prima Capital Advisors. This transaction was helped along due to the skillful culmination of a long-term repositioning of 599 Broadway. They had a creative ownership structure utilizing a joint venture master lease. This creative leasing technique was led by the talented owners of this collateral. He helped to maximize the retail potential of this net lease investment.

American Eagle subleases the ground floor, second floor and lower level spaces through a 15-year lease. American Eagle is scheduled to open a flagship SoHo store in 2010. This American Eagle retail store is very welcomed in this area.

ABC Management Corp. was founded in 1977. ABC Management Corp is a commercial real estate investment and management company headquartered in New York. ABC Management Corp has an Investment Property Portfolio made up of various property. ABC Management Corp owns numerous commercial properties in the New York metropolitan area and nationally including residential apartment buildings, retail shopping centers, office buildings and warehouses.

If your Commercial Loan is coming due and will not be refinanced, these Commercial Mortgage Lenders will help you out. Also, Commercial Mortgage Lenders are able to help get your Commercial loan for a 1031 Exchange.

The main advantage of refinancing your commercial loan is that it provides a chance for you to receive the required capital in a short time with new lower interest rates. Regardless of whether you are looking for a commercial loan, CTL Financing, Mezzanine loan, or refinancing, Loanrise.com is dedicated to getting you the best rates. For all your commercial loan requirements, Contact loanrise.com and receive a free commercial loan quote.

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

Palm Beach Mortgage Available

Palm Beach, Florida - Some economists are mentioning we could be close to the bottom and they predict Real Estate should rise.

Some commodities have risen dramatically recently. It appears that the only asset class left in the cellar is real estate.
Some reasons to consider buying a Palm Beach County Home now are that sellers are desperate. Both home owners and lenders are eager to unload a flood of foreclosed and underwater properties. Buyers with the patience to push through these complex deals (many are REO or Short Sales) can save a bundle.

There is little competition right now as many people are sitting and waiting. Because most people don’t have what it takes to negotiate their way through short sales and REOs, patient investors are the winners. Palm Beach County has some real deals right now so consider getting a Palm Beach Mortgage soon.

We still have very low rates available for Palm Beach County home mortgages. If you believe inflation is inevitable, lock in your mortgage rate now.

Feel free to get the best mortgage quotes and mortgage advice by contacting us by EMAIL with no obligations.

Palm Beach Mortgage is ready to help you. We will help with a Jumbo Loan or Standard Mortgage.

We suggest Net Lease Properties for your Commercial Real Estate needs.

If you are need of a Commercial Loan check with Commercial Loans at Loanrise.

Palm Beach Mortgage Rates Hit Another Record Low

Palm Beach, Florida - Palm Beach Mortgage average interest on a 30-year fixed mortgage dipped to a new record low of 4.57 percent this week. That Mortgage rate is down from 4.58 percent a week ago, according to Freddie Mac, which began tracking rates in 1971.

Even with this news from Palm Beach Mortgage, the low rates may not provide much of a boost for the housing market. The problem appears to be that many people do not qualify for new mortgages or have already obtained loans at low rates this year.

Contact us for:

• Jumbo Mortgages
  
• Home Loans for Purchase of Real Estate
  
• Refinance of Real Estate Loans
  

Feel free to get the best mortgage quotes and mortgage advice by contacting us by EMAIL with no obligations.

Palm Beach Mortgage is ready to help you. We will help with a Jumbo Loan or Standard Mortgage or Commercial Real Estate Mortgage.

Palm Beach Mortgage Rates Are Down

Palm Beach Mortgage has news on the Mortgage market. Many Real Estate Investors have been waiting to see if mortgage rates would stay steady.
Home Mortgage Loan rates fell this week along with bond yields, according to Freddie Mac. The 30-year fixed-rate mortgage averaged 4.72 percent, down from 4.79 percent a week ago. Palm Beach Jumbo Mortgages are still available while rates on 15-year fixed-rate mortgages fell to another record low of 4.17 percent from 4.2 percent.

Also, the five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.92 percent, down from 3.94 percent last week. Finally, one-year Treasury-indexed ARMs (adjustable rate mortgages) fell to a new six-year-low of 3.91 percent, compared with 3.95 percent a week ago.

Palm Beach Mortgage also reports that Loanrise.com is coming for all of your Commercial Real Estate Mortgage needs.

Palm Beach Mortgage Rates & Jumbo Loans

The rates on this page are typically valid for credit scores of 700 and above. For scores from 680 to 699, borrowers would typically see increased fees up to 1% of the loan value, or an adjustment in the rate.
If you are seeking a mortgage in excess of $417,000, recent legislation may enable lenders in certain locations to provide rates that are different from those shown in the table below. We recommend that you contact us by Email directly to determine what rates may be available to you.

National Average Mortgage Rates
Description	APR This Week		APR Last Week
Home Equity Line of Credit	4.911%		4.909%
15 Year Fixed Conforming	4.452%		4.527%
15 Year Fixed Jumbo	5.115%		5.177%
30 Year Fixed Conforming	5.123%		5.195%
30 Year Fixed Jumbo	5.693%		5.760%
5/1 Year ARM Conforming	3.973%		4.002%
5/1 Year ARM Jumbo	4.532%		4.583%

Feel free to get the best mortgage quotes and mortgage advice by contacting us by Email with no obligations.

Palm Beach Mortgage is ready to help you.

Palm Beach Mortgage Rates

The rates on this page are typically valid for credit scores of 700 and above. For scores from 680 to 699, borrowers would typically see increased fees up to 1% of the loan value, or an adjustment in the rate.

If you are seeking a mortgage in excess of $417,000, recent legislation may enable lenders in certain locations to provide rates that are different from those shown in the table below. We recommend that you contact us by Email directly to determine what rates may be available to you.

National Average Mortgage Rates
Description	APR This Week		APR Last Week
Home Equity Line of Credit	4.902%		4.920%
15 Year Fixed Conforming	4.424%		4.341%
15 Year Fixed Jumbo	5.173%		5.083%
30 Year Fixed Conforming	5.086%		4.954%
30 Year Fixed Jumbo	5.792%		5.607%
5/1 Year ARM Conforming	3.992%		3.998%
5/1 Year ARM Jumbo	4.644%		4.571%

Feel free to get the best mortgage quotes and mortgage advice by contacting us by Email with no obligations. We have great products for Palm Beach County FL and the entire state of Florida.

Palm Beach Mortgage is ready to help you.