Express Press Release Distribution

Accounting
Advertising
Aerospace
Agriculture
Apparel & Fashion
Automotive
Biotech
Chemicals
Computers
Construction
Consumer Services
Defense
Education
Electronics
Energy
Entertainment
Environment
Financial
Food & Beverage
Government
Healthcare
Human Resources
Industrial
International Trade
Internet & Online
Law
Management
Marketing
Media
Non Profit
Pharmaceuticals
Real Estate
Retail
Semiconductors
Small Business
Software
Sports
Telecommunications
Transportation / Logistics
Travel

EPR Archived News

Archived News 2012
~ April
~ March
~ February
~ January

Archived News 2011
~ December
~ November
~ October
~ September
~ August
~ July
~ June
~ May
~ April
~ March
~ February
~ January

Archived News 2010
Archived News 2009
Archived News 2008
Archived News 2007
Archived News 2006
Archived News 2005
Archived News 2004

 

100 per cent Commercial real estate financing secured for Lord`s Castle Resort development project

Released on = April 29, 2006, 8:40 am

Press Release Author = Jen Peterson

Industry = Real Estate

Press Release Summary = 400Bankers.com has closed a $120,500,000 commercial property
loan for resort development project in Las Vegas area, NV. Nestled on 450 acre
property, it will be a place for people to feel as if they have been transported
back to another time.

Press Release Body = April 29, 2006 -- 400Bankers.com has closed a $120,500,000
commercial property loan for resort development project in Las Vegas area, NV.
Nestled on 450 acre property, it will be a place for people to feel as if they have
been transported back to another time. The owner of the project, PMCBS, a commercial
real estate investor and property manager who was looking to finance this dream for
a long time. PMCBS didn’t have the assets and support to finance this project so
they turned to 400Bankers.com and it’s investors to finance this project. With only
$4MM net worth and a start-up company, PMCBS was unable to get funding from
traditional lenders. 400Bankers.com was able to structure 100% financing with
collateral providers from which 40% of loan was debt free.

The borrower locked rate at 6.25%. This non-recourse commercial mortgage has a 30
year amortization schedule and closed within 63 days of application. Jessica Hudson,
commercial loan officer of Hudson Funding Group and member of 400Bankers.com
network, was the originator for this transaction.

About 400Bankers.Com

400Bankers.com (www.400bankers.com ) is a national and international commercial
mortgage loan bankers network for real estate projects between $200,000 and
$10,000,000,000. 400Bankers.com has over four hundred lenders and private investors
in it’s network. The network consists of commercial loan experts who are unmatched
in efficiency and financing terms.


Web Site = http://www.400bankers.com

Contact Details = 400bankers.com
Jen Peterson
Marketing
PO Box 441
Wilmington, MA
news400bankers@yahoo.com

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •