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Cornerstone Commercial Mortgage Media

Cornerstone Commercial Mortgage Arranges a
$1,000,000 Bridge Loan on an
Owner-Occupied Office/Warehouse Building
and Vacant Commercial Lot
Las Vegas, Nevada

Las Vegas, NV December 30, 2005.  Cornerstone Commercial Mortgage arranged a $1,000,000 short term bridge loan for a local business owner to refinance and buyout a partner.  The loan was secured by a 4,800 sq.ft. office/warehouse building and an adjacent .42 acre vacant commercial lot.  The private lender funded more dollars than any institutional lender would provide and focused on the real estate value not the borrowers marginal credit.  The loan terms were 18 months, 12.25% interest only at a 75% LTV ratio.

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 on this transaction contact John Lloyd at 702-385-2658, 5765 S. Rainbow Blvd., Suite 102, Las Vegas, NV 89118 or see our web site at www.cmlv.net.