CRE Capital, Inc.
1470 Maria Lane, Suite 310
Walnut Creek, CA 94596
925-932-2522 or fax 925-932-2924
925-932-2522 x 13 (direct)
CRE Capital, Inc. Arranges $4,500,000 Financing for Marin, CA Office Complex
Walnut Creek, CA
August 20, 2004
CRE Capital today announced the closing of a $4,500,000 fixed rate loan on the Corte Madera Business Center, a 3 building, 38,250 s.f. single story office complex. The buildings face US 101 in Corte Madera, a highly desirable suburb located just north of San Francisco in Marin County. The project is fully leased and the San Francisco Chronicle and Restoration Hardware are major tenants in the park. AEGON USA Realty Advisors, Inc. was the lender. The loan was originated out of AEGON`s Louisville office. Tom Dewar of CRE Capital, Inc. arranged the financing for the borrower.
About CRE Capital
CRE Capital was formed to bring modern business practices to a traditional commercial mortgage brokerage company. The company was an early adaptor of the internet as a tool to solve the problems borrowers often face when hiring a broker. The broker's traditional role as intermediary often leads to frustration as borrowers struggle to determine what is best for them. CRE Capital changes the broker`s role to that of a service provider representing borrowers, not as an intermediary. The delivery system is award winning software developed by CRE Capital to open and to automate the financing process. The increased efficiency of allows CRE Capital to charge lower our fees and increase the breadth of the company`s lender relationships.
Award Winning Software
RealComm awarded CRE Capital, Inc. the 2003 Digie Award Winner for Commercial Lending. CRE Capital received the award for the best use of the internet. Each year, Realcomm recognizes the leaders and innovators in the Commercial Real Estate industry who are maximizing the use of technology and automation in their businesses. Other 2003 award winners included Equity Office, Lincoln Property Company and Sperry Van Ness.
For More Information Contact:
925-932-2522 x 13