REALWEBFUNDS, INC - PRWeb Press Release Account Feed http://www.rsspad.com/rss2a/88666.xml REALWEBFUNDS, INC - Press Releases en xml@emediawire.com xml@emediawire.com 30 $4,800,000 Commercial Mortgage Financing for Office/Retail Center Arranged By RealWebFunds http://www.prweb.com/releases/commercial/mortgages/prweb452445.htm RealWebFunds Commercial Mortgage, an internet-based national commercial mortgage broker, announced today that it has provided a $4.8 Million commercial mortgage to a regional retail developer. The loan was collateralized by a 49,000 square foot mixed use center with office and retail space in Orem, UT. The center is anchored by a stand-alone restaurant building and a bank building. The other buildings on the site contain real estate professionals, medical office tenants, and retail. (PRWeb Oct 19, 2006)

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]]> http://www.prweb.com/releases/commercial/mortgages/prweb452445.htm $4.2 Million Commercial Mortgage Financing for Medical Office Buildings Arranged by RealWebFunds Commercial Mortgage http://www.prweb.com/releases/commercial/mortgage/prweb452446.htm RealWebFunds Commercial Mortgage, an internet-based national commercial mortgage broker, announced today that it has provided a $4.2 Million loan for two medical office buildings in the Tulsa, OK area. The loan was collateralized by approximately 42,000 square feet of surgery center. The loan was guaranteed by a single owner-user. “RealWebFunds was able to secure a fixed rate commercial mortgage on an owner-occupied property with a rate below 7%.” said Christy Slye, Commercial Mortgage Specialist, RealWebFunds, Inc. “This loan will help the owner maximize cash flow by consolidating the previous mortgages with a lower rate. Fixed rate loans are uncommon for business owners that own their own commercial real estate. This financing is an alternative to SBA guaranteed financing which is typically based on the PRIME interest rate, currently approaching 9%. The new commercial mortgage has the added benefit of no prepayment penalty or lock-out period. This provides flexibility the borrower may need should his business goals change.” (PRWeb Oct 19, 2006)

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]]> http://www.prweb.com/releases/commercial/mortgage/prweb452446.htm $3,450,000 Commercial Mortgage Financing for a Single Tenant Grocer Arranged By RealWebFunds http://www.prweb.com/releases/commercial/mortgage/prweb452447.htm RealWebFunds, an internet-based national commercial mortgage broker, announced today that it has provided a $3,450,000 acquisition loan for a credit tenant neighborhood grocery store in Beaumont, CA. The commercial mortgage loan was collateralized by a 57,000 square foot neighborhood grocery store whose lease expires in 9 years. "One of the investors from the acquisition team called me late on a Thursday. She explained that they were doing a 1031 exchange that had to close in less than 30 days. The lender they were working with was not making progress. With less than 30 days to close, they needed to switch gears!" said Christy Slye, Commercial Mortgage Specialist, RealWebFunds, Inc. "The borrowers were looking for a 10 year fixed rate permanent mortgage that was non-recourse, with no reserves. RealWebFunds delivered a commercial loan from a conduit lender that met all of the borrower’s terms at a rate of 5.97%. It closed on time!" (PRWeb Oct 19, 2006)

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]]> http://www.prweb.com/releases/commercial/mortgage/prweb452447.htm RealWebFunds Arranges $1,475,000 Commercial Mortgage Financing for Special Purpose, NNN-leased Commercial Property http://www.prweb.com/releases/2006/08/prweb423973.htm RealWebFunds, an internet-based national commercial mortgage broker, announced that it has provided a $1.5 million special purpose property loan to a triple net investor. The loan was collateralized by a 15,634 square foot early learning center. The private national childcare operator had arranged a 15 year sale leaseback acquisition with our borrower who had 1031 exchange funds to accommodate. (PRWeb Aug 14, 2006)

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]]> http://www.prweb.com/releases/2006/08/prweb423973.htm RealWebFunds Arranges $1,250,000 Commercial Mortgage Financing for 15-Unit Apartment Building http://www.prweb.com/releases/2006/08/prweb423974.htm RealWebFunds, an internet-based national commercial mortgage broker, announced that it has provided a $1.25 Million apartment loan to a multi-family investor partnership. The loan was collateralized by a 18,380 square foot one, two, three, and four bedroom, 15-unit apartment building in Waco, TX. The apartments are rented by Baylor University students. (PRWeb Aug 14, 2006)

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]]> http://www.prweb.com/releases/2006/08/prweb423974.htm RealWebFunds Arranges $5,940,000 Commercial Mortgage Financing for Neighborhood Retail Center http://www.prweb.com/releases/2006/08/prweb423975.htm RealWebFunds, an internet-based national commercial mortgage broker, announced today that it has provided a $5.9 Million anchored retail property loan to a regional retail developer. The loan was collateralized by a 113,000 square foot neighborhood grocery center in Pocatello, ID. The shopping center is anchored by an independent grocer and national drugstore. (PRWeb Aug 14, 2006)

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]]> http://www.prweb.com/releases/2006/08/prweb423975.htm RealWebFunds Secures $5 Million Best Western Hotel Loan http://www.prweb.com/releases/2005/10/prweb294383.htm RealWebFunds, Inc has closed a $5 million commercial mortgage loan on a 101 room Best Western hotel servicing LAX. The property has recently been refurbished and is performing well. RealWebFunds identified a conduit lender that provided hotel loans and negotiated up to a 70% maximum LTV. (PRWeb Oct 7, 2005)

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]]> http://www.prweb.com/releases/2005/10/prweb294383.htm RealWebFunds Arranges $1,750,000 Commercial Mortgage Financing for Shadow Anchored Retail Center http://www.prweb.com/releases/2005/10/prweb294386.htm RealWebFunds, a national commercial mortgage broker, has arranged a $1,750,000 commercial mortgage loan for the center known as Newcastle Plaza in Newcastle, OK (near Oklahoma City). The newly constructed and stabilized, 15,300 sq. ft., retail center contains eight shops that are shadowed by a Wal-Mart. (PRWeb Oct 7, 2005)

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]]> http://www.prweb.com/releases/2005/10/prweb294386.htm RealWebFunds Secures $2,720,000 Commercial Mortgage Refinance for a Professional Medical Office Building http://www.prweb.com/releases/2005/08/prweb272652.htm RealWebFunds, Inc has closed a $2,720,000 commercial property loan for a 15,145 s.f. suburban, professional medical office building in Longwood, Florida, a suburb of Orlando. The Class A office building is a multi-tenant property well located to a hospital campus. The property is 100% leased with six tenants. The building is owned by a commercial real estate investor and property manager who was looking to refinance with long term, fully leveraged, fixed rate financing. Several lenders offering small balance conduit programs competed to fund this commercial mortgage. The borrower decided to refinance two properties in his portfolio with the same commercial lender. (PRWeb Aug 15, 2005)

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]]> http://www.prweb.com/releases/2005/08/prweb272652.htm RealWebFunds Secures $3,350,000 Investment Property Financing For Strip Retail Center http://www.prweb.com/releases/2005/08/prweb272653.htm Christy Slye, a mortgage broker with RealWebFunds Commercial Mortgage, has announced that the firm recently closed a $3,250,000 commercial mortgage financing for the Baywood Center strip retail property in Longwood, FL, a suburb of Orlando. The 38,250 s.f shopping center has been recently renovated to withstand the region's hurricanes. The plaza is 95% occupied with 20 tenants. The purpose of this commercial loan was to refinance into long term fixed rate financing with cash-out and a lower interest rate. The borrower who invests in commercial real estate and manages other commercial buildings chose to finance two investment properties with the same small balance conduit lender. (PRWeb Aug 15, 2005)

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]]> http://www.prweb.com/releases/2005/08/prweb272653.htm RealWebFunds Secures $4,200,000 Apartment Bridge Loan http://www.prweb.com/releases/2004/10/prweb172928.htm RealWebFunds, Inc has closed a $4,200,000 bridge loan for a 172 unit, to-be-completed apartment complex in Kentucky. The property was being developed in phases. Before completing the final phase, the original development team failed. In order to purchase the property, our borrower needed to consolidate the existing debt on the property as well as secure construction financing for the completion of the remaining 22 units. RealWebFunds found an apartment lender that was able to make a 90% of as-is-value commercial mortgage with their bridge loan financing. The bridge loan is interest only, priced at 3.0% over Prime. The new apartment loan paid off the construction lender and reserved funds for the completion of the project. Christy Slye, a RealWebFunds Commercial Mortgage Specialist was the originator for this transaction. (PRWeb Oct 30, 2004)

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]]> http://www.prweb.com/releases/2004/10/prweb172928.htm RealWebFunds Secures $6,600,000 Commercial Mortgage Refinance for a Suburban Office http://www.prweb.com/releases/2004/10/prweb170139.htm RealWebFunds, Inc has closed a $6,600,000 commercial property loan for a 49,177 s.f. suburban office building. The Class A office building is a multi-tenant property occupied by mortgage companies, title companies, travel agents, and other professionals. The office complex is owned by the original commercial real estate developer who was looking to refinance with a low-leverage, long term, floating rate mortgage. Because the loan was very low leverage, several lenders competed to fund this commercial mortgage. (PRWeb Oct 22, 2004)

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]]> http://www.prweb.com/releases/2004/10/prweb170139.htm RealWebFunds Secures $2,685,000 Investment Property Loan for a NNN Restaurant Portfolio http://www.prweb.com/releases/2004/10/prweb170151.htm RealWebFunds, Inc has closed a $2,685,000 investment property loan for a portfolio of two triple-net properties. The portfolio consisted of two new build-to-suit Zaxby's restaurants in the suburbs of Atlanta, GA. The lender provided a 5 + 5 year fixed rate loan that was funded at 6% and was amortized over 25 years. The lender used a loan to value ratio of 76% with a debt service ratio requirement of 1.25. Another advantage to this commercial loan is no prepayment penalty. Christy Slye, Commercial Mortgage Specialist of RealWebFunds was the originator for this transaction. (PRWeb Oct 22, 2004)

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]]> http://www.prweb.com/releases/2004/10/prweb170151.htm RealWebFunds Secures $3,045,000 Investment Property Loan for a NNN Retail Portfolio http://www.prweb.com/releases/2004/09/prweb159549.htm RealWebFunds, Inc has closed a $3,045,000 investment property loan for of a portfolio of three triple-net properties. The portfolio consisted of three freestanding buildings: a Hollywood Entertainment in Virginia Beach, VA, a FedEx Kinko’s in Houston, TX, and a Payless Shoe Source in Freeport, NY. Wells Fargo Commercial Mortgage Group was the lender. (PRWeb Sep 19, 2004)

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]]> http://www.prweb.com/releases/2004/09/prweb159549.htm RealWebFunds Secures $2,100,000 Investment Property Financing For Strip Retail Center http://www.prweb.com/releases/2004/08/prweb150809.htm Christy Slye, a mortgage broker with RealWebFunds Commercial Mortgage, has announced that the firm recently closed $2,100,000 in commercial mortgage financing for the strip retail property most commonly known as the “Neil Building” in Palm Desert, CA. The building, built in 1966, has been immaculately maintained and is home to many of the Valley’s premier beauty salons and spa in the prime, upscale shopping district of Palm Desert. (PRWeb Aug 20, 2004)

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]]> http://www.prweb.com/releases/2004/08/prweb150809.htm RealWebFunds Secures Commercial Mortgage Financing For Assisted Living Facility in Seminole, Florida http://www.prweb.com/releases/2004/08/prweb150815.htm Christy Slye, a mortgage broker with RealWebFunds Commercial Mortgage, has announced that the firm recently closed $1,950,000 in acquisition financing for Casa Celeste, a 100 unit Assisted Living Facility in Seminole, Florida (PRWeb Aug 20, 2004)

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]]> http://www.prweb.com/releases/2004/08/prweb150815.htm RealWebFunds Secures $1,850,000 Non-Credit Tenant NNN Restaurant Financing http://www.prweb.com/releases/2004/06/prweb135797.htm Christy Slye, Mortgage Broker with RealWebFunds, Inc., has announced that the firm recently closed $1,850,000 in restaurant financing debt for the Souplantation restaurant building in Temecula, California. (PRWeb Jun 23, 2004)

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]]> http://www.prweb.com/releases/2004/06/prweb135797.htm RealWebFunds Arranges $1,650,000 Commercial Mortgage Financing for Shadow Anchored Center http://www.prweb.com/releases/2004/04/prweb119865.htm RealWebFunds (http://www.realwebfunds.com), a national commercial mortgage broker, has arranged a $1,650,000 commercial mortgage loan for the side shops at the Hollywood Park Market Place in Inglewood, CA. The two year old, 6500 sq. ft., retail center contains three shops. Payless Shoes, Quizno's Subs, and Verizon Wireless are the tenants. Column Financial, Inc. provided the ten year fixed rate conduit financing. The borrower used the financing to acquire the property as part of a 1031 exchange. (PRWeb Apr 21, 2004)

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]]> http://www.prweb.com/releases/2004/04/prweb119865.htm RealWebFunds Arranges $1,400,000 Commercial Mortgage For A Light Industrial Building in Camarillo, CA http://www.prweb.com/releases/2004/04/prweb119872.htm RealWebFunds, a national commercial mortgage broker, has arranged $1,400,000 cash out refinancing for a 22,360 sq. ft., owner occupied, light industrial building in Camarillo, CA. Business Partners, LLC was chosen as the lender after a bidding competition among seven lenders. They provideda five year fixed rate loan with no prepayment penalty. The borrower was Tri Delta Investments. (PRWeb Apr 21, 2004)

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]]> http://www.prweb.com/releases/2004/04/prweb119872.htm RealWebFunds Arranges $1,700,000 Apartment Financing in Manchester, NH http://www.prweb.com/releases/2004/03/prweb113679.htm RealWebFunds, a national commercial mortgage broker, has arranged a $1,700,000 apartment loan in Manchester, NH. UBS Warburg provided the 10 year, fixed rate commercial mortgage financing. The two-property portfolio included 31 multifamily units and two commercial spaces. A local multifamily investor used the loan to refinance one apartment building and to acquire the other. (PRWeb Mar 25, 2004)

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