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Shopping Center Loans No Upfront Fees
If the shopping center loan amount is $2,000,000 or more, Winston Rowe & Associates can arrange non-recourse shopping center financing for purchase or refinancing, without the typical upfront fees that most companies charge.
By: Staff Writer
If the shopping center loan amount is $2,000,000 or more, Winston Rowe & Associates can arrange non-recourse shopping center financing for purchase or refinancing, without the typical upfront fees that most companies charge. You can contact Winston Rowe & Associates at 248-246-2243.
Winston Rowe & Associates only accepts clients that are established companies, on a limited basis (in business at least two years) who have revenues of at least $1 million, and who have substantial assets. Transactions are only considered in excess of $2,000,000., with no limit and are located within or near major metropolitan areas in the United States.
No Upfront Fees Shopping Center Loan Details:
Property Type: Anchored shopping centers, strip shopping centers, shopping malls, mini malls
Geographic region: Nationwide shopping center financing
Loan Function: Shopping center refinancing, loans for purchase of a shopping center
Loan Amount: $2,000,000 and over
Loan Terms: 5, 7, 10, 15 and 25 year term for shopping center loans
Amortization period: 25 to 30 years
Assumable with fee
Loan-to Value: Strip shopping centers loans - 70% maximum LTV-- Anchored shopping center financing 80% maximum LTV
Debt service coverage: Minimum 1.20x to 1.3x
Non-Recourse - Shopping center loans are non-recourse except for standard carve outs
Firm shopping center loan commitments issued in four weeks after receipt of documentation
Winston Rowe & Associates company policy is not to charge any upfront fees for due diligence, processing or loan file review from its clients.
You can contact Winston Rowe & Associates at 248-246-2243 or visit their web site and company blog at http://www.winstonrowe.com http://winstonrowe.wordpress.com
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Winston Rowe & Associates is a nation wide commercial real estate consulting firm that does not charge upfront fees for commercial loans.
Page Updated Last on: Nov 19, 2011