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CRE Capital, Inc. 925-932-2522 or fax 925-932-2924 |
925-932-2522 x 13 (direct) 925-457-4011 (mobile) |
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FOR IMMEDIATE RELEASE
CRE Capital, Inc.
Arranges $5.200,000 Financing for San Leandro Airport Park Industrial Complex in San Leandro, CA
Walnut Creek, CA
July 25, 2006
CRE Capital today announced the closing of a $5,200,000
fixed rate financing on the 128,703 s.f. San Leandro
Airport Park Industrial Complex in San Leandro, CA.
This 1980`s era project is fully leased to multiple tenants. RaboBank is the lender and the loan was originated out of
their Fresno office by Gail Parvanian. Tom Dewar of
CRE Capital, Inc. arranged the financing on behalf of the building owner. The
owner selected RaboBank for their low fixed rate combined
with a fixed pre-payment penalty that expires after the 5th year of
this 10 year loan.
About CRE Capital, Inc.
CRE Capital is a commercial mortgage brokerage firm founded to provide the best
experience possible for owners financing their commercial properties. CRE
Capital`s works to find the best financing available, close that financing in
the shortest time possible, and insure the loan closes on the same terms
as in the application. These sound like simple objectives but in the complex
world of commercial real estate financing they are difficult to
execute. CRE Capital provides owners value by saving money, time and
energy using the industries best tools and focusing completely on closing on
time, on budget and on the best terms.
The company was an
early adaptor of the internet as a tool to solve 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 removes the stress by representing borrowers and making the process
transparent. The delivery system is award winning software developed by CRE
Capital to open and to automate the financing process. The increased
efficiency allows CRE Capital to manage more lender
relationships, obtain better financing, and close faster with fewer
problems.
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:
Tom Dewar
tdewar@crecapital.com
925-932-2522 x 11
925-457-4011 (mobile)
http://www.crecapital.com