Plum announces a Series B equity investment by the $35 billion hedge fund, Elliott Management.
Many life insurance companies invest in real estate and offer commercial real estate (CRE) loans, which differ from other CRE mortgages. A commercial mortgage from a life insurance company can have loan terms between 10 and 30 years, with fixed-rate options locked at application.
Commercial real estate closing costs are the fees that are due before the closing of a commercial mortgage. It should be noted that costs vary by the deal and lender, and their prices fluctuate greatly depending on the property size and loan amount, but a borrower can expect some or all of these fees at the close of their loan
Commercial real estate (CRE) may offer owners a powerful way to protect and grow their wealth. Depending on strategy, CRE can act either as the cornerstone or as a diversifier within an asset allocation, so should be considered when investors and wealth managers are building an investment portfolio.
Commercial lending is a team sport and there are many players involved in your loan. Knowing who they are and what they do can help you get the best service and most efficient process. The following are some of the people you will work with as you secure your commercial real estate loan.
Commercial real estate (CRE) owners have many different lender and loan options. Choosing the right type of loan is a key part of your CRE portfolio strategy, and understanding the commercial lending landscape is the first step. The following are the most common types of commercial real estate lenders.
Fannie Mae Multifamily Green Financing provides mortgage financing for multifamily properties, such as apartments and cooperatives. The property improvements and increased energy and water efficiencies enabled by this financing will help lower utility costs, boost the quality of life for property tenants and employees, and decrease the property’s environmental impact.
When looking at terms that are offered on a new loan, many borrowers consider the interest rate and the loan term, but they often overlook a critical component of the loan – the prepayment premium. Prepayment premiums allow lenders to offer longer term financing, but they can also restrict your ability to sell or refinance properties.
The 1031 Exchange takes its name from Section 1031 of the IRS code, which allows investors to defer capital gains tax on the exchange of any “like-kind” property. This allows you to use the full proceeds of a sale of a commercial property for the acquisition of another property. The code gives commercial real estate investors the flexibility to consider changing their investment strategies, and allows them to reinvest capital that would otherwise be paid in capital gains taxes.