PMG Commercial Lending Blog

More than $1 trillion of commercial property debt is coming due over the next five years with no reliable liquidity available to refinance. Much of the collateral securing this debt is worth substantially less than the current principal amount outstanding. With liquidity at an all time low and co...

WHAT? What takes commercial deals so much longer than residential loans to close? Rare is the commercial loan that closes in less than 1 month and the rate for those quick-close deals is much higher. Small commercial loans will usually take 2 months and large commercial loans can take as much as ...

We have partnered with the nations premier debt restructuring firm. Nation’s premier commercial debt and business restructuring firm Solely focused on debtor resolutions for business owners and entrepreneurs Negotiated over $4 billion of client obligations Experience with every major and regional...

New Financing Program 1.     Non-bank long term bridge program- Nationwide 2.     Loan terms 5-10 years fixed @ 8% to 9.9% 30 year amortizations $500k to $10M 50-60% LTV 6-12 month prepay 3 points cost 3.     Property Apartment, office, medical office, retail, industrial, assisted living, hospita...

Welcome to the world of commercial mortgages. This is the first part of 3 part series that is written to the individual who is venturing out into the world of commercial investment. It is written to introduce you to some of the differences between residential loans and commercial loans and hopefu...

Investment (ROI). In buying or selling commercial real estate, the financing can make or break the deal. The best commercial mortgage for you is the one that maximizes your ROI. It seems obvious, but when it comes to shopping for a commercial mortgage it is stunning how little attention to profit...

23 Ventures is a private lending Specialist located in  MA.  We provide fast, flexible financing to builders, developers, and real estate investors throughout New England.  Our borrowers are primarily those in need of closing quickly, and/or those having difficulty obtaining traditional bank fina...

23 Ventures is pleased to announce a new bridge finance product for multifamily properties. The program will provide first mortgage financing for properties located in strong markets with excellent sponsorship, significant experience and verifiable liquidity and will be underwritten to a Fannie ...

← 23 Ventures Spot Factoring Refinance Checklist: Was the debt(s) to be refinanced substantially (85% or more) used for eligible 504 purposes? Has the borrower been current (no payment deferrals or past dues of more than 30 days) on the note(s) for the past 12 months? Has the debt(s) been outsta...

There is a fast, flexible, cost-effective solution to cash flow & workingcapital problems 23 Ventures provides short-term cash flow assistance for businesses by purchasing your selected accounts receivable invoices. Because interface offers our clients a use-it-as-you-need-it transaction each “i...