Sources Of Financing
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Sources Of Financing

GMAC Commercial Mortgage Corp. (215-328-3842) arranged $13.5 million in permanent, fixed-rate acquisition financing for Mission Plaza Retail Center, an 84,350 sq.ft. center located on Mission Boulevard in Hayward, CA. The center is situated on a land area of 6.25 acres, is nearly 100% leased and is anchored by Raley’s Food Source, Rent-A-Center, Blockbuster Video and Starbucks. The company also arranged $88 million in construction financing for Arlington Highlands, a 566,000 sq.ft. center located at the intersection of Interstate 20 and Matlock Road in Arlington, TX. The center is situated on a land area of 57 acres and will be anchored by Bed Bath & Beyond, Conn’s, PetsMart, Jo-Ann Fabrics, Golf Galaxy and Studio Movie Grill.

Heinch Lending Group, Inc. (954-979-7031) offers loans from $400,000 to $50 million for properties nationwide. Terms range from one to three years and all commercial properties are considered. Interest rates can be as low as 10% with LTV up to 75%.

BC Commercial Finance (800-990-6820) offers commercial loans from $250,000 to $15 million nationwide and in Canada. The company does not require financial statements, credit reports or positive cash flow from its clients.

GMAC Commercial Mortgage Corp. (215-328-3842) arranged $13.5 million in permanent, fixed-rate acquisition financing for Mission Plaza Retail Center, an 84,350 sq.ft. center located on Mission Boulevard in Hayward, CA. The center is situated on a land area of 6.25 acres, is nearly 100% leased and is anchored by Raley’s Food Source, Rent-A-Center, Blockbuster Video and Starbucks. The company also arranged $88 million in construction financing for Arlington Highlands, a 566,000 sq.ft. center located at the intersection of Interstate 20 and Matlock Road in Arlington, TX. The center is situated on a land area of 57 acres and will be anchored by Bed Bath & Beyond, Conn’s, PetsMart, Jo-Ann Fabrics, Golf Galaxy and Studio Movie Grill.

Heinch Lending Group, Inc. (954-979-7031) offers loans from $400,000 to $50 million for properties nationwide. Terms range from one to three years and all commercial properties are considered. Interest rates can be as low as 10% with LTV up to 75%.

BC Commercial Finance (800-990-6820) offers commercial loans from $250,000 to $15 million nationwide and in Canada. The company does not require financial statements, credit reports or positive cash flow from its clients.