Rising interest rates, debt coverage ratios, and cap rates...oh my!
DEBT WORKOUTDEBT RESTRUCTUREFINANCEREFINANCECOMMERCIAL MORTGAGE
Tim Mullen
1 min read


Rising interest rates, debt coverage ratios, and cap rates...oh my!
As a commercial mortgage broker, I know these terms can make your head spin. But don't worry, I've got a solution for you.
Phase funding and debt staking as you add value. It's a strategy that can help you navigate these challenging market conditions. But let's be real, it's always critical to consult with an expert. And that's where I come in.
Ask me about the most recent challenging $1.7 million dollar loan that I closed in November 2023.
Loan amount - $1.7MM,
Loan guarantee - none
Collateral - none
NOI - marginal
This deal tested every ounce of my skill set as the business was a nonprofit operating on very little cash flow. But guess what? We closed at prime and 2 with only a 1/2 point to the bank! 💰
After this transaction, nothing sounds stupid to me. And I won't waste your time if I can't get it done. So if you're a commercial mortgage broker or banker, let's chat. I'm always happy to offer a free consultation and share my expertise.
Contact Tim today at 561-310-5295 or tim@commercialmortgagellc.com. Let's make some smart moves together. 💪
#commercialmortgage #realestatefinance #expertconsultation