Tag Archives: Commercial Loans

Con Man Sought After Failing to Appear for Sentencing on Charges That He …

Posted on December 21, 2012 by sheri

Los Angeles, CA – December 21, 2012 – (RealEstateRama) — A San Gabriel man who was scheduled to be sentenced on Monday but failed to appear in court is being sought by the FBI, announced Bill Lewis, Assistant Director in … Continue reading →

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Source Capital Funding Introduces 8.99% Financing After Lending Over $15 …

Posted on February 1, 2012 by sheri

ShareThis Email PDF Print We are confident that we will continue to deliver our clients fair and equitable loans allowing them to purchase or refinance real estate. San Diego, California (PRWEB) February 01, 2012 In 2011, Source Capital Funding, Inc. … Continue reading →

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Mercantile Capital Provides Commercial Real Estate Loan in Vernon, CA Worth …

Posted on December 31, 2011 by sheri

Orlando, FL, December 31, 2011 –(PR.com)– Mercantile Capital Corporation, one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, recently closed a commercial … Continue reading →

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Commercial Real Estate Loans Increase for Spectrum Commercial Lending at Year …

Posted on December 30, 2011 by sheri

Irvine, CA, December 30, 2011 –(PR.com)– Spectrum Commercial Lending, a leader in commercial real estate financing provided their client with a cash-out refinance loan of approximately $600,000 on their 8 unit, 11,000 SF retail strip center that the client had … Continue reading →

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G8 Capital Acquires $6.2 Million Portfolio of Distressed Commercial Loans

Posted on November 7, 2011 by sheri

LADERA RANCH, CA, Nov 07, 2011 (MARKETWIRE via COMTEX) – G8 Capital announced today that it has completed the acquisition of a $6.2 million portfolio of distressed commercial loans from a major U.S. banking institution. The acquisition was closed quickly … Continue reading →

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Southern Pacific Group, Inc. Closes Second Deal In As Many Months Since The …

Posted on October 25, 2011 by sheri

? Southern Pacific Group Completes the Acquisition of 3 Sub Nonperforming Commercial Loans on 3 Stabilized Multifamily Assets in California; ? The Deal Was Privately Negotiated and Purchased Directly From the Firm’s Banking Relationships ? Southern Pacific Group is Providing … Continue reading →

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Preferred Bank Confirms Management Appointments

Posted on August 10, 2011 by sheri

LOS ANGELES, Aug. 9, 2011 — /PRNewswire/ — Preferred Bank (NASDAQ: PFBC) (the “Bank”) today announced that Wellington Chen has been appointed Chief Operating Officer and Lucilio M. (“Louie”) Couto has been appointed Chief Credit Officer effective immediately. Notice of … Continue reading →

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Commercial real estate delinquency rate drops

Posted on August 6, 2011 by sheri

The delinquency rate for commercial developers in California dropped sharply during the second quarter, according to a new report. The California Mortgage Bankers Association said that 99.62 percent of all California commercial real estate loans were current or one payment … Continue reading →

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Commercial Real Estate Clouded by Delinquencies

Posted on May 4, 2011 by sheri

Barely a few minutes after reading an article in the Wall Street Journal about banks finally opening the “spigot for commercial real-estate,” the folks over at Trepp issued their monthly report on the delinquency rate for commercial mortgage backed securities … Continue reading →

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