Tremont Mortgage Trust TRMT, +1.19% today announced the closing of a $28.0 million first mortgage bridge loan it provided to refinance 1711 Caroline Apartments, a 220-unit multifamily property located.
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Buying Commercial Land A commercial ground lease is usually defined as a lease of land (typically the land is not improved), for a relatively long term (e.g., 50 to 99 years), where all expenses of the property are the obligation of the tenant (e.g., taxes, repair and maintenance expenses, insurance costs, and financing costs), and which allows for tenant financing.
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Commercial Mortgage Refinance How to Refinance a Commercial Mortgage | Chron.com – Refinancing a commercial mortgage follows many of the same principles as refinancing any other loan: be creditworthy and be able to show income to pay the loan.
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Depping, former chairman and chief executive of a Houston-area bank. loans to total loans was just 0.52% around the time of the exam significantly lower than the industry average for commercial.
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