Category Archives: Multi Family

Hard Money in New England

23 Ventures is a private lending Specialist located in  MA.  We provide fast, flexible financing to builders, developers, and real estate investors throughout New England.  Our borrowers are primarily those in need of closing quickly, and/or those having difficulty obtaining … Continue reading

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Multi Family Bridge Loan-Updated 5/17/11

23 Ventures is pleased to announce a new bridge finance product for multifamily properties. The program will provide first mortgage financing for properties located in strong markets with excellent sponsorship, significant experience and verifiable liquidity and will be underwritten to … Continue reading

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Our New Bridge Financing Product

Bridge financing is often times used when a borrower needs short term or interim financing for a property that is not quite ready for traditional long term financing. Our bridge loan product is ideal for borrowers seeking financing due to … Continue reading

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Understanding Cap Rate in Relation to Commercial Lending

  Understanding CAP Rates can Make you Money! A lot of times you will hear people talk about CAP rates in commercial lending.  When I first started doing commercial, I didn’t understand it and asked a bunch of lender reps.  … Continue reading

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$2,151,578 Multifamily Purchase

Where: Battle Creek, MI Purchase of (2) multifamily apartment buildings. We get the deals closed.

Posted in Christopher Hills, Closings, Commercial Real Estate, investor financing, Multi Family | Tagged , , , , , , | Leave a comment

How to write a Business Plan!!

You can get help and training in writing business plans from the following website: http://www.sba.gov/smallbusinessplanner/plan/writeabusinessplan/index.html You can also get one-on-one training at your local SBDC (Small Business Development Center).  This site will help you locate the one nearest to you: http://www.sba.gov/aboutsba/sbaprograms/sbdc/sbdclocator/SBDC_LOCATOR.html … Continue reading

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Whats In a Good Commercial Loan Package?

I am still seeing people trying to get loan quotes with less than adequate loan packages. Here is what I am looking for.  If you want you can go over to my documents page and get what you need. What’s In a Good Package? Executive Summary-overview … Continue reading

Posted in Christopher Hills, Commercial Real Estate, investor financing, Multi Family, SBA 504, SBA 7A | Tagged , , , , , | Leave a comment

U.S. Commercial Property Recovery Spares Economy Another Blow – Bloomberg

-Some more good news in the commercial real estate market- From Manhattan office towers to apartments in Florida to retail properties in Washington, commercial real estate values are rising, defying predictions of a collapse that would drag the U.S. economy … Continue reading

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How to deal with problem commercial real estate tenants –

I found this to be good article on what it means to be landlord and how to deal with tenants —Most retail tenants are subject to the whims of the economy. When the economy goes bad, business slows down, and … Continue reading

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FHA extends ‘anti-flipping’ waiver

This is good news for savy investors who are buying properties with Hard Money. And have the intent on selling once the property is fixed and ready for sale. Homebuyers relying on FHA-insured financing will still be able to buy … Continue reading

Posted in Bridge Loans, Christopher Hills, Commercial Real Estate, hard Money, investor financing, Multi Family, Real Estate News | Tagged , , , , , , , , | Leave a comment