Carlsbad, California (ContentDesk via ContentDesk Direct) June 14, 2006 -- Marabella Commercial Finance has originated financing for its 19th Jack in the Box Net Lease Property and the Companys 1st Taco Cabana Net Lease Property.
Both properties were located in Texas and this was a refinance transaction.
The loans being refinanced were short term loans and Marabella Commercial Finance structured longer term loans at the request of the borrower.The borrower was seeking longer term fixed rate loans with attractive low rates and loan proceeds to match the loan balances that were being refinanced.
Marabella Commercial Finance customized a 10-year-term fixed rate commercial mortgage loan with 20-year amortizations for both properties.
The interest rate was locked at application at an approximate rate of 6.45% and the loans were committed within two weeks of the borrower applying for the loans.
Mortgage loan amounts were $950,000 per property or total loan proceeds of $1.9 million.
Both loans were Non-Recourse with Standard Carve-Outs.For additional information pertaining to this refinance transaction or other commercial mortgage loan options available through Marabella Commercial Finance (such as financing for 1031 Exchange Net Lease buyers and Commercial Investment Property) you can contact Christian S. Marabella at (760) 479-0800. About Marabella Commercial Finance:Marabella Commercial Finance specializes in arranging financing for 1031 Exchange Net Lease Buyers, Commercial Investment Property and Large Anchored Centers.
Past Credit Tenant Net Lease Properties that Marabella Commercial Finance has originated loans for have included Walgreens,
CVS,
Jack In The Box, CSK Automotive,
Etc.
and Large Anchored Centers.
Marabella Commercial Finance is a member of the Mortgage Bankers Association and most recently participated in the International Council of Shopping Centers annual convention in Las Vegas.
Contact:Christian S. MarabellaMarabella Commercial FinanceThe experts on 1031 exchange Net Lease financing and commercial loans(760) 479-0800http://www.marabellafinance.com.
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Not for homes in a park where you lease the land.If the company you call can't do your loan, you won't often be referred to a company that can do your loan because the loans are funded from different sources that do not interact with each other.
It depends on whether the home is brand new or previously lived in as to the loan program you can get.If you buy a brand new home, sold to you by the dealer, he can offer you some loan programs, both Government and Conventional that other loan sources do not have. But, if he can't do the loan, he probably won't send you to a Mortgage Broker that might help you.
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photo printer Refinance Marabella Commercial Finance Secures Commercial Mortgage Loan for 19th Jack in the Box Property, First Taco Cabana Property 
Refinance razr phone Marabella Commercial Finance Secures Commercial Mortgage Loan for 19th Jack in the Box Property, First Taco Cabana Property 
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