Media

Cornerstone Commercial Mortgage Media

Cornerstone Commercial Mortgage arranges an $850,000 Bridge Loan on a 60 unit Apartment Building in Tucson, AZ 

Tucson, AZ, November 30, 2006.  Cornerstone Commercial Mortgage arranged an $850,000 bridge loan to pay off an existing 1st Trust Deed that was called due on a 60 unit apartment in Tucson, AZ.  The transaction involved a seller carry back wrap note that complicated the refinance of the 1st Trust Deed, however, Cornerstone was able to help the borrower solve the initial problem of getting the 1st refinanced quickly.  Now Cornerstone can assist the borrower in refinancing all the debt (including the seller carry back note) with a conventional permanent loan.
 
Cornerstone Commercial Mortgage acts as mortgage consultants specializing in arranging commercial real estate financing for clients nationwide.  Cornerstone Commercial Mortgage manages every detail of the loan process from start to finish and assists clients in all aspect of financing from consulting on the feasibility of a real estate development project to obtaining the right construction or permanent loan. 

Cornerstone Commercial Mortgage’s Mission is to provide our clients the best loan at the most competitive terms in the shortest time possible while keeping their best interest in mind.  For more information see our web site at www.cmlv.net.