Terra Capital turns to Lev Match to secure $3.8MM bridge loan
Terra Capital specializes in multifamily investments in high-growth Midwestern cities. The company has a bench of existing lender relationships, but has historically worked with brokers to ensure they secure the best rates for every deal they launch. The group was among the first customers to sign up for Lev’s digital financing platform, Lev Match. Terra’s leadership team was drawn ...
Is the CRE Q1 forecast as gloomy as we thought?
The signals no one in commercial real estate likes to see are present. Two banks with ties to the industry collapsed. Commercial property prices are down. Tech companies, once reliable office tenants, are downsizing their footprints. Even the industrial sector, a favorite of investors the past few years, is experiencing a mild decline. Can we officially proclaim that we ...
How do senior lenders view C-PACE financing?
What is a C-PACE loan? C-PACE, which stands for Commercial Property-Assessed Clean Energy, is a form of financing that allows property owners to borrow money for energy efficient, renewable energy, and resiliency property improvements and make payments via a voluntary special assessment added to their property tax bill. This structure allows for long-term fixed-rate financing that remains with the ...
How Technology and AI Are Changing CRE Financing
The continued growth of proptech innovation is benefitting every aspect of the commercial real estate industry, and nowhere is this more evident than in the process of securing debt financing. Traditional finance brokers have long relied on a jumble of disconnected emails, phone calls and in-person meetings to run their processes. This lack of structure increases the operational burden ...
A Brief Guide to Opportunity Zones in Florida
Do you hear that knocking? Is it an Opportunity…Zone? Opportunity Zones are plentiful in the United States. They don’t have anything to do with zoning permits, though you’ll still need them if you plan to develop. When it comes to CRE investing, Opportunity Zones feature unique benefits that can deliver exceptional returns. Opportunity Zones exist in practically every state, ...
5 ways Lev is revolutionizing the closing process in CRE
Closing a commercial real estate deal is a slog. Coordinating third parties. Navigating appraisals. The communication gaps. Add it all together and you have a big operational burden for your team. Now, help is at hand. Lev’s closing specialists can manage the whole process for you through a first-of-its-kind, fixed-fee service. With Lev Closing, Lev’s team and technology platform ...
Are These SBA Lenders in Texas Right for Your Deal?
When seeking out a commercial real estate loan, one option borrowers have is to look for government-backed Small Business Administration (SBA) lenders. If you’re trying to secure a CRE loan in Texas, one of these lenders could be a great fit for your deal. First, remember that an SBA loan is a small business loan partially guaranteed by the ...
5 reasons Lev Is Different From Traditional Debt Financing Brokers
The traditional CRE debt broker model is broken: Communication through a series of disjointed emails, phone calls and text messages adds unnecessary stress on you and your team. Quotes from the same small handful of lenders makes you question whether you’re truly getting the best terms for your deal. Securing financing is only getting harder and more expensive. There ...
Who Are the Top SBA Lenders in Florida?
For small commercial businesses, business owners usually have a number of lending options, including ones that are backed by the federal government. The U.S. Small Business Administration (SBA) offers a variety of different loans through private lenders such as banks. The most common types of SBA loans are SBA 7(a) loans and SBA 504 loans. In Florida, borrowers have hundreds ...
What Zoning Is Required for an RV Park?
Zoning Permits are two words that can strike fear into CRE investors and make developers cringe. Although they’re usually viewed as a pain because of all the red tape that accompanies them, establishing good relationships with municipalities will help make the process easier. . Zoning can be especially frustrating if you’re looking to buy land or develop your own land ...
