CRE Capital, Inc.
1777 North California Blvd., #300
FOR IMMEDIATE RELEASE
CRE Capital, Inc. Arranges $1,950,000 Construction Loan for Retail Center in Sanger, CA
Walnut Creek, CA
February 20, 2009
CRE Capital today announced the closing of a
$1,950,000 construction loan for financing a new retail center. This new 11,050
s.f. center is being built on Academy Avenue on
Sanger`s main street. This financing was unique as the owner received construction
financing and a mini-perm for a 25% pre-leased development. Security First Bank
is the lender and the loan was originated out of their Fresno office by Ryan Toncheff. Tom Dewar of CRE Capital, Inc. arranged the
financing on behalf of the building owner.
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 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. 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.
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
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.
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