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. [...]

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. [...]

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. [...]

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. [...]

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.  [...]

Select Commercial Closes NNN Lease Loan of $1,347,500

Select Commercial Funding LLC, a leading nationwide commercial mortgage brokerage company, is pleased to announce the closing of a $1,347,500 loan, for the acquisition of a single tenant NNN leased property recently built and leased to Dollar General.  The property is improved with a 9,002 square foot building on a 1.723 acre site located at 805 Coldwater Street, Landis, North Carolina.  The property is in the Charlotte MSA, approximately 33 miles from downtown Charlotte, in Rowan County.  The lease is absolute NNN and the primary term of the lease is 15 years.[...]

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.  [...]

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) [...]

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. [...]