Please Send the Package

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When borrowers and brokers send us a request for commercial real estate funding, we always respond with questions.Commercial Loan Package Every loan request that comes to us is in raw form and needs to be prepared for lender review. Many times these loans are prepared by a third party and when asking for additional information the client points to an extensive business plan, which may have been written for a different audience.

Commercial Loan Packaging 

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Apartment Construction Market Shows Signs of Improvement

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Commercial Lending Report

Apartment Demand UApartment Absorbtion vs. Employment Graphp, Despite Unemployment


Even with uncertain economic indicators and slow hiring, rental housing demands are increasing.  Conditions remain favorable for multifamily markets across the nation. The demographic trends indicate high levels of immigration, the surge in echo boomers forming their own households, a further shift away from homeownership, and the growing diversity in household composition support continued demand for rental housing.

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CRE Private Lending Opportunities Increase

It’s an exciting time for the Private Commercial Lending industryTOP 10 Funding LLC. 2012 trends are showing growth for commercial investments and many regional and local banks have started lending again for commercial projects. The demand for private money is still very high as the banks and mortgage companies are still avoiding construction and land development. Also the recent years’ lack of funding for notes coming due and distressed properties has left the door open for Hard Money Lenders and Equity Lenders.

Equity Investors

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Broker Chains

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Broker Chains

If you are looking for a business loan, commercial real estate loan, or looking to raise equity for a commercial project, you are likely going to work with a commercial loan broker to raise the capital.  This article addresses the quandary known as the broker chain.  If a broker chain is formed to find a source for funding a project, the process is likely to be impeded by weak links in the chain.

Broker Chain

What is a Broker Chain

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TOP 10 Deal Killers

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Commercial lending, for the most part is based on the value and performance of the commercial assets used as collateral. Commercial Loan RIPBecause of the focus on the asset performance, many borrowers expect commercial loans to be non-recourse.

Most borrowers are optimistic investors leaving much to chance. Most private lenders are bullish and use mathematical models to provide risk assessment. Loan originators are jammed up in the middle.

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The Lure of Hard Money

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One of my favorite movies is Easy Money with Rodney Dangerfield and Joe Pesci.

 Rodney’s character made a deal to give up all of his vices to inherit his mother-in-law’s fortune. It turned out to be harder than he imagined.

There is nothing “easy” about obtaining a Hard Money loan from a private lender. It is a proposition based on risk. The lender assumes the risk of repayment of a highly leveraged loan, the borrower assumes risk of paying up-front fees to someone who will not perform, and the brokers assume the risk of getting squeezed out of the deal. Hard money fees can be as high as 10 points with interest rates above 12% and upwards of 20%.

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