Press Releases

Select Commercial Closes NNN Lease Loan of $1,100,000

Select Commercial Funding LLC, a leading nationwide commercial mortgage brokerage company, is pleased to announce the closing of a $1,100,000 loan, for the acquisition of a single tenant NNN leased property built in 2013 and leased to Family Dollar. The property is improved with an 8,320 square foot building on a 1.28 acre site located in Phoenix Arizona. The lease is absolute NNN and the primary lease term had just under 10 years remaining. [...]

September 9th, 2020 By Stephen Sobin Read more...

Select Commercial Closes Apartment Loan of $5,932,000

Select Commercial Funding LLC, a leading nationwide commercial mortgage brokerage company, is pleased to announce the closing of a $5,932,000 loan, for the refinance of a 54 unit garden low-rise, market rate apartment complex known as The Chase at Lake Arthur located in Port Arthur (Nederland) Texas. The apartment complex is comprised of eight 2-story buildings on a 3.153 acre site with parking for 117 cars. [...]

August 7th, 2020 By Stephen Sobin Read more...

Select Commercial Closes Loan for Portfolio of Individual Homes of $5,323,125

Select Commercial Funding LLC, a leading nationwide commercial mortgage broker, is pleased to announce the closing of a $5,323,125 loan for the refinance of 36 homes located in New Orleans, Louisiana.

The portfolio loan covered 36 homes, consisting of 30 duplexes, five single family homes and one 4-unit home. [...]

April 7th, 2020 By Stephen Sobin Read more...

Select Commercial Closes Apartment Loan of $1,280,000

Select Commercial Funding LLC, a leading nationwide commercial mortgage broker, is pleased to announce the closing of a $1,280,000 loan for the refinance of the La Linda Apartments located in Jefferson, Louisiana. 

The complex is a 26 unit two-story, low rise/garden apartment located on a 1.16 acre site, located at 418 Central Avenue, Jefferson, LA. [...]

January 22nd, 2020 By Stephen Sobin Read more...

Select Commercial Closes NNN Lease Loan of $2,660,000

Select Commercial Funding LLC, a leading nationwide commercial mortgage brokerage company, is pleased to announce the closing of a $2,660,000 loan for the cash-out refinance of a single tenant NNN leased property built in 1998 and leased to Walgreen’s as a retail drug store. The property is improved with a 15,141 square foot building on a 1.98 acre site located at 1225 Union Blvd., St. Louis, Missouri. [...]

January 21st, 2020 By Stephen Sobin Read more...

Select Commercial Closes Apartment Loan of $1,625,000

Select Commercial Funding LLC, a leading nationwide commercial mortgage broker, is pleased to announce the closing of a $1,625,000 loan for the refinance of the Willow Creek Apartments located in Covington, Georgia.  The property is located in the Atlanta-Sandy Springs-Roswell metropolitan statistical area. 

The complex is a 36 unit multifamily property consisting of 10 buildings.  The buildings are two-stories each and located on a 2.55 acre site, located at 5160 Dorothy Lane, Covington GA.  [...]

January 22nd, 2020 By Stephen Sobin Read more...

Select Commercial Closes Apartment Loan of $1,430,000

Select Commercial Funding LLC, a leading nationwide commercial mortgage broker, is pleased to announce the closing of a $1,430,000 loan for the refinance of a small apartment building located in Anaheim, California (Orange County). 

The subject is an 11-unit apartment located at 416 East Sycamore Street in Anaheim.  [...]

October 19th, 2019 By Stephen Sobin Read more...

Select Commercial Closes Apartment Loan of $4,620,000

Select Commercial Funding LLC, a leading nationwide commercial mortgage broker, is pleased to announce the closing of a $4,620,000 loan for the refinance of the Buckingham Court apartment complex located in Crystal Lake, Illinois (McHenry County). 

The complex is a 69-unit apartment located on a 4.32-acre site, located at 421-461 and 460-470 Buckingham Drive and 804-810 Eletson Drive in Crystal Lake (Chicago suburb) [...]

July 18th, 2020 By Stephen Sobin Read more...

Select Commercial Closes Apartment Loan of $2,000,000

Select Commercial Funding LLC, a leading nationwide commercial mortgage broker, is pleased to announce the closing of a $2,000,000 loan for the refinance of three small apartment buildings located in Metairie, LA (Jefferson Parish). 

The complex is a 32-unit apartment located at 308 Live Oak Street, 820 Martin Behrman Avenue, and 2121 Cleary Avenue. [...]

October 22nd, 2019 By Stephen Sobin Read more...

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