And while certain areas will take longer to go away completely, the doctor is confident they will disappear. So, was it worth it? The laser treatments are designed to permanently rid the body of the veins they treat, but if other...
Select Commercial is a leading commercial real estate lender. We have excellent commercial mortgage loan products and options available for owners and purchasers of commercial real estate and multifamily buildings throughout the state of California. While we lend across the entire continental United States, we are able to give our best rates and loan programs to certain areas that we feel are strong markets. California is one of the states that we consider to be a premium market and we actively look to originate good quality loans here for our clients. We have a diverse array of many available loan products to help qualified CA borrowers looking to purchase or refinance a commercial property. If you are looking to obtain an multifamily building loan or commercial real estate loan, don't hesitate to contact us. There are many reasons why our customers like doing business with Select Commercial. We have a simplified application process and we do not charge any upfront application or processing fees.
Per capita income in California was $58, 272 in 2017, ranking 6th in the nation. California has many favorable conditions for commercial real estate investors and economic opportunists looking to invest in the region. Here are some of the key factors that make California a desirable market for investors to expand and bolster economic portfolios: California not only leads the country in GDP but is also one of the most stable and growing economies in America with a GDP growth rate of 2. 9%. California ranks first in the country in total Foreign Direct Investment with big investments from countries like China, Japan, the United Kingdom and the Netherlands. California is the most visited state in the country. California is the most populated state in America, accounting for over 12% of citizens nationwide. Despite its high housing prices, California is still one of the best states to invest in commercial real estate now and in the future. California offers huge capital growth for investors and has many unique characteristics that make it enticing for anyone to look into commercial mortgage financing.
Industrial Property Loans – we love to lend on warehouses, distribution centers, manufacturing facilities and other industrial properties. Often, these properties are owner occupied by the owner's business. We also lend on multi-tenant industrial properties as well. We look for properties in good locations with access to population centers and transportation. Single/Special Use Loans – we have a special lending division that understands small business lending secured by owner occupied businesses such as motels, gas stations, restaurants, car washes, retail stores, and other specialty properties. Many banks have a hard time with this type of lending as they often do not understand the underlying businesses. Investment Property Loans – any and all income producing property will be considered. We are cash flow driven lenders and look for properties that generate positive cash flow for their owners. We will consider portfolios of single family residences under this group. Bridge Loans – many borrowers do not qualify for regular institutional financing due to various short-term obstacles which need to be resolved before they can qualify for bank type financing.
These borrowers often require short term loans, or bridge loans, to overcome these short-term problems. Our company has multiple capital sources for these loans, including: national banks, regional and local banks, Fannie Mae, Freddie Mac, FHA, HUD, insurance companies, Wall Street conduit lenders (CMBS deals), credit unions and private lenders/hedge funds. Whether you are purchasing or refinancing, we have the right solutions available. We will entertain loan requests of all sizes, beginning at $1, 000, 000. Get started with a Free Commercial Mortgage Loan Quote. California Commercial Mortgage Information and Economic Overview California's economy is the largest in America with a gross state product of over $3 trillion. If California were its own country, it would rank as the world's 5th largest economy ahead of the UK. Additionally, California's Silicon Valley is home to some of the world's most valuable tech companies including Apple and Facebook and over 10% of Fortune 1000 companies are based in California.
If you need more information or have any questions, speak with one of our commercial experts to get the answers you're looking for. Want an integrated solution? Our Corporate Finance Division provides mid-sized companies with a single point of access to commercial products and customized solutions that can help take your business to the next level. Commercial Mortgages Whether you're acquiring new premises, expanding your facilities or need to refinance or consolidate current debt, our selection of commercial mortgages come with a range of terms, amortization periods and repayment schedules to meet your needs. Wide range of fixed-rate terms available Choose from 1, 2, 3, 4, 5, 7 and 10 year terms Competitive low interest rates Renew up to 75 days before the renewal date When you need to reorganize farm debt, purchase land or improve your property Flexible payment options Choice of terms Competitive rates ® Registered trade-mark of Bank of Montreal