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Cornerstone Commercial eBrief

Information and News You Can Use

June, 2007

 

 

 

Loans Funded

How does a lender underwrite an Acquisition & Development Loan?

Are long term rates going up?

Cornerstone Commercial Mortgage Brochure

Integrity is the cornerstone of our business

Quote of the Month

 

 

 

Loans Funded

$4,950,000
Construction Loan
22,000 sq.ft. Multi-Tenant Retail
Las Vegas, NV



Click below for more detail on loans funded

Cornerstone Commercial Mortgage

 

Thank you for the opportunity to share general information relating to the commercial real estate finance industry and to inform you on what's new at Cornerstone Commercial Mortgage.

 

 

·  How does a lender underwrite an Acquisition & Development Loan?

 

Acquisition and Development Loans

A land development loan is an advance of funds, secured by a mortgage, to finance the making, installing, or constructing of the improvements necessary to convert raw land into construction-ready building sites. In other words, a land development loan takes an unimproved parcel and breaks it up into a number of smaller, improved parcels upon which homes or commercial buildings will be constructed.

 

Click to read the rest of the this article

 

·  Are long term rates going up?

 

Treasury yields are up, up and away

OK, not exactly. But the 10-year Treasury note yield is over 5 percent for the first time since last July. And not over 5 percent by any small margin, as it currently reads 5.09 percent. What's going on here and how long will it last?

By Greg McBride, CFA

 

Clink to read the rest of this article

 

·  Cornerstone Commercial Mortgage Brochure

 

Want to know how Cornerstone can help you?

See our company brochure for a quick read on how Cornerstone can help assist you on your next financing opportunity.

 

Click here to review or print a hard copy

 

·  Integrity is the cornerstone of our business

 

Cornerstone Commercial Mortgage specializes in commercial real estate finance. We act as mortgage consultants, focusing on providing the appropriate financing solutions for each client. We work with investors and developers on all product types from land loans to permanent loans providing the best financing option available.

John P. Lloyd, President/Owner
Phone: (619) 293-3919
Cell: (702) 379-3468
Email:
john.lloyd@cmlv.net

 

About Cornerstone

 

·  Quote of the Month

 

"The probability that we may fail in the struggle ought not to deter us from the support of a cause we believe to be just. "

-Abraham Lincoln

 

 

 

john.lloyd@cmlv.net

See our Web Site for more information http://www.cmlv.net