With over 31 years of experience in the commercial industry, we are the primary source for your commercial fixed rate mortgage needs. Fixed rate commercial mortgage allows for easier budgeting and planning for your business. Commercial fixed rate mortgage products are mortgages that possess an interest rate and payment that is fixed for the full-term of the loan. Consequentially, these loans are easier to budget, especially over a longer period as it offers steadiness in an always changing market. It is especially important for businesses to be informed of their exact costs every year so that they are informed of the rates and costs each year. Typical properties that are financed include multi-family, full as well as limited service hotels, anchored and unanchored retail, office, industrial, self-storage, and senior housing. The length of term usually lasts from 5 to 20 years. Our experience in this industry allows us to offer one of the lowest and most competitive interest rates around with interest rates set at spreads, depending on the property type and the underwriting criteria. Depending on each scenario, loan to value is available up to 80%. Call us or email us to get started on potentially securing a commercial fixed rate mortgage loan today!
Whatever
your financing needs,
we will tailor a loan that's right for you.
Daily Oil & Gas and Wall Street Journal News
9/20/20
Wellesley Petroleum AS drilled a dry hole in North Sea production license 829, about 75 km north of Gjøa field and 60 km northwest of Florø in 211 m of water.
BW Energy provided an alternative development plan for Hibiscus-Ruche, in the Dussafu Marin permit and associated Ruche Exclusive Exploitation Area offshore Gabon.
Theia Energy has entered a land use agreement with the Karajarri Traditional Lands Association enabling the company to move forward with its unconventional oil and gas exploration plans in the onshore Canning basin permit EP 493.
Triangle Energy (Global) Ltd., Perth, has raised $2.2 million (Aus.) through a share placement and intends to raise a further $1 million via a share purchase plan to current shareholders.
Wall Street Journal
Commercial News
9/20/20
WSJ.com: US Business
TikTok Deal Faces Questions Over Security, Ownership An emerging deal to make China?s popular TikTok app a U.S.-based company stands to reshape the social-media landscape, even as questions persisted Sunday over security concerns and ownership of the new company.
China Has Reasons to Like TikTok's Trump-Approved Deal A White House-approved plan to transform TikTok into a U.S.-based company would keep the operation of the viral short-video app, and likely the algorithm that has powered its rise, in Chinese hands. This structure improves the deal?s chances of finding favor in Beijing, which had threatened to veto a sale.
WeChat Ban Blocked by Federal Judge in Ruling Against Trump Administration A federal judge temporarily blocked the Trump administration?s executive order curbing Americans? use of WeChat, agreeing with free-speech arguments raised by users of the popular Chinese-owned messaging and e-commerce app.
Meat Was Once in Short Supply. Now, It's on Sale. Prices for meat are falling at grocery stores as last spring?s shortages fade and livestock clog farms, benefiting consumers but hurting meatpackers and farmers already hit by Covid-19 disruptions.
CEOs Start to Place Big Bets as Pandemic Grinds On As the coronavirus?s spread continues in the U.S. and abroad, businesses have concluded they?ll coexist with it for some time. So they are reviving stalled operational plans, changing leaders and reissuing financial targets.
Pandemic Threatens to Widen Racial Homeownership Gap The housing market has led the recovery from the pandemic-induced economic downturn as Americans have rushed to buy homes, but some analysts warn it may widen the longstanding gap in homeownership between Black and white Americans.
Jobless Rates in Northeast, West Are Highest in Nation Unemployment rates in regions across the U.S. moved down this summer after peaking in April, when the coronavirus first triggered widespread lockdowns. Still, jobless rates clocked in above 10% in 10 states.
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Charles Elfsten, President
Charles A. Elfsten
