Liberty SBF News Archives - Page 3 of 3

111111

News Roundup: Healthcare and Industrial Outlook in 2019

Posted on December 6, 2018 by kunallibertysbf

The Latest Commercial Real Estate News From Liberty SBF

The 2019 Outlook for Industrial: Strong, Not Stronger

The industrial sector dynamics suggest that there’s still growth to be had in 2019, but that it’s unlikely that 2019 will be a stronger year for industrial than 2018 was, Geoffrey Kasselman of Newmark Knight Frank tells RE Journals.

In a New York, Nashville and Phoenix State of Mind

Industrial real estate is performing at record levels across the country. But New York City – specifically the boroughs of the Bronx, Queens and Staten Island – Nashville and Phoenix are the top three markets, reports View the Space.

Liberty Finances More Than $18 Million in Projects in New York, Tennessee & Arizona

Liberty has recently provided more than $18.9 million in financing for the acquisition of properties in New York, Tennessee and Arizona.

Surgery Centers on the Rise

As convenience becomes a priority in healthcare, more and more patients are opting for treatment in smaller facilities rather than large hospitals. Surgery centers have grown 82% since 2000, and the number of hospitals and ambulatory surgery centers in the U.S. is now almost equal. This growth is expected to continue into 2019, GlobeSt reports.

Liberty Provides More Than $14.2 Million in Healthcare Sector Financing

Liberty provided more than $14.2 million in SBA 504 loans to projects in the healthcare sector in 2018, including a skilled nursing facility in Tucson and a medical facility acquisition in Miami.

Fundamentals Are Key for Midwest CRE in 2019

Though it’s unclear how politics, oversaturation and interest rates will affect the commercial real estate landscape in 2019, the strength of Chicago’s economy means the devil is ultimately in the details of each particular deal, notes RE Journals.

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk.

111111

News Roundup: Why Inland Is the New Coastal

Posted on November 29, 2018 by kunallibertysbf

The Latest Commercial Real Estate News From Liberty SBF

No End in Sight for Industrial Real Estate in Southern California

Industrial is leading commercial real estate across the country, but in Southern California, it’s breaking records left and right. According to GlobeSt, industrial prices in Los Angeles are currently 70% above the national average, while prices in Orange County and Inland Empire have increased significantly in the last five years.

Inland is the New Coastal

Thanks to the vested interest of local community banks, higher cap rates, growing economies and population increases driven by affordability, some investors are moving away from big coastal markets and focusing instead on smaller secondary markets in the Midwest, reports Bisnow.

Liberty Provides More Than $28 Million in SBA 504 Funding in Non-Coastal Areas

Liberty has provided more than $28 million in SBA 504 loans for the acquisition of properties in non-coastal areas in Nevada, Utah, Arizona, Pennsylvania, California and Georgia.

Hotels Are Doing Better than Ever

In 2018, more hotel rooms were occupied – and at higher rates– than ever before. National Real Estate Investor notes that as long as the demand for hotel rooms continues to outpace the number of rooms available, occupancy and rental rates will continue to increase.

Liberty Provides More Than $12 Million in Financing for Hotels

In the space of just one year, Liberty provided more than $12.4 million in financing for hotel properties in Las Vegas, Nevada, and St. Simons Island, Georgia.

How Much Longer Do We Have?

The current real estate expansion is almost in its ninth year, making it the second-longest in the post-World War II era. Many in the commercial real estate industry are wondering if a recession is imminent. While many economists believe that this expansion is in its later stages, experts have put the odds of a recession in the next year at just 15%, GlobeSt reports.

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk.

111111

News Roundup: How Will Technology Change Commercial Real Estate?

Posted on November 21, 2018 by kunallibertysbf

The Latest Commercial Real Estate News From Liberty SBF

Will Self-Driving Cars Change Commercial Real Estate?

Incorporating parking is an integral part of commercial real estate development, particularly in urban areas. Bisnow reports that autonomous vehicles, which could drop people off at work instead of being parked for hours on end, could dramatically change the development of commercial real estate moving forward.

Liberty Provides $ 43.6 Million in SBA 504 Loans for Properties in Urban Areas

Liberty has provided more than $43.6 million in financing for the acquisition of properties in major U.S. cities including Miami, Tucson, New York, San Diego, Atlanta, Memphis, Las Vegas, and Philadelphia.

Industrial is Real Estate’s “Darling” Class

Industrial, distribution and warehouse continue to lead the commercial real estate pack across the country. GlobeSt reports that the strong performance of industrial real estate can be partly attributed to recent investments in multi-story industrial properties.

Liberty Provides $32.8 Million to Finance Industrial Properties

Liberty has provided more than $32.8 million in SBA 504 loans for the acquisition of industrial properties and warehouses across the country.

The Future of Commercial Real Estate and Technology

It’s not just automated vehicles that might change the face of commercial real estate. National Real Estate Investor reports on two ongoing MIT studies aimed to better understand how design and technology will change the way people live and work and how those changes will affect the commercial real estate landscape.

Healthcare Real Estate Growing Faster than U.S. Economy

As Americans live longer and medical technology improves, demand for convenient access to healthcare continues to steadily increase. GlobeSt reports that the growth in this sector is outpacing overall economic growth and that demand for existing healthcare facilities and new constructions will continue to grow in 2019.

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk.

111111

News Roundup: Red-Hot Industrial Market Not Threatened by Trade Wars

Posted on November 16, 2018 by kunallibertysbf

The Latest Commercial Real Estate News From Liberty SBF

Red-Hot Industrial Market Outpaces Aggressive Construction

Industrial construction is moving at a fast clip – and demand continues to outpace it. Globe Street reports that the national average vacancy rate has remained below 5% despite widespread new construction and inventory. Need financing for an industrial space? Give us a call at (855) 590-1174 or email info@localhost to talk to our experts.

Trade Wars Don’t Threaten Industrial Sector … Yet

Nationwide, year-over-year rent growth in the industrial sector hit 7.3% in Q3 – and in coastal markets like Oakland/East Bay, Sacramento and Long Island, rent growth was more than double that. Commercial Property Executive notes that record-high port volumes are likely a result of concerns over tariffs.

Liberty Finances Industrial Properties in Coastal California

Liberty has provided $14.1 million in SBA 504 loans for two industrial properties in San Diego, California.

A Brand-New World for Healthcare Real Estate

With the advent of digital technology and the introduction of medical concierges and telehealth, access to healthcare has changed dramatically in the last decade. At Bisnow’s recent National Healthcare East event, attendees discussed how healthcare real estate is adapting accordingly with a renewed focus on flexibility.

Liberty Finances Health Care Projects in 2018 for More Than $14 Million

With a $13 million SBA 504 loan for a skilled nursing facility in Tucson, Arizona, and a $1.2 million SBA 504 loan for a medical facility acquisition in Miami, Florida, Liberty has provided $14.2 million in healthcare project financing in 2018 alone.

Follow Strong Population Growth for Acquisition Targets

Florida, California, Texas, Arizona, Washington – according to National Real Estate Investor, these are some of the top states that people in the U.S. are moving to right now. Strong population growth is a good indicator of future acquisition opportunities, so we’ll be keeping an eye on these markets (and you should, too).

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk.

111111

News Roundup: A House (and Senate) Divided Will Probably Be Fine, Warehouse Markets With the Most Momentum & More

Posted on November 9, 2018 by kunallibertysbf

The Latest Commercial Real Estate News From Liberty SBF

The Government’s Divided, and That’s OK

Last Tuesday’s election has provided millions of hours of commentary from cable news anchors and their guests, but what did it mean for CRE? An article on Globe St. takes a look, and pulls out four key takeaways that can mostly be summed up as “we’ll probably be all right.”

Liberty Provides More Than $31 Million in Financing in the Northeast

Liberty SBF has provided over $31 million in SBA 504 financing for projects in the Northeast, including major projects in New Jersey, New York and Pennsylvania. A major driver of all those loans has been in the industrial sector. Read our article on what makes for a hot industrial market.

SBA 504 Program Funds Over $4.75 Billion in FY2018

The SBA announced its figures for FY2018 lending, revealing that the SBA 504 program provided nearly $5 billion in capital – in the form of 5,874 individual loans. The agency’s newly launched 25-year debenture is evidently popular, fueling more than 1,000 individual loans in under six months. What’s so great about this new loan? We’re glad you asked. Read what a 25-year term SBA 504 loan means for small businesses.

Sacramento CA, Dayton OH & Jacksonville FL Top List of Warehouse Markets With the Most Momentum

A recent report analyzed warehouse markets in the United States, in terms of three key growth factors, to identify the top growth markets in the sector. National Real Estate Investor turned that data into a slideshow, with 28 of the country’s fastest-growing warehouse markets.

Liberty Provides $30+ Million for Warehouse Projects

Liberty offers SBA 504 financing for small business warehouse acquisitions in all 50 states. Over the past three years, we’ve provided more than $30 million in financing for warehouse projects in New Jersey, California, Georgia and Pennsylvania alone!

Investors See Opportunity in Medical Space

In a recent piece, REIT analyst Richard Anderson breaks down what he sees as a common thread between strategies recently announced by three of the industry’s biggest players: a focus on medical office space. It’s no wonder when recent studies have shown that demand for this specialty real estate class is expected to quickly outstrip supply. Want to learn more about the enormous opportunity in the owner-occupied medical asset class? Read our latest article on the topic here.

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk.

111111

News Roundup: Politics & CRE, a Self-Storage Boom and Soaring Demand for Small-Business Lending

Posted on November 2, 2018 by kunallibertysbf

The Latest Commercial Real Estate News From Liberty SBF

Political Races for Commercial Real Estate Pros to Watch

As America heads to the ballot box tomorrow to decide the makeup of Congress for the next two years, Commercial Observer put together a list of races whose outcomes will have a direct effect on commercial real estate markets. Take a look, then keep a slightly more informed eye on results tomorrow evening.

Liberty Provides More than $14.2 Million in Health Care Financing in 2018

Recently, Liberty provided $1.2 million in financing for a medical facility in Miami, FL. That brings SBA 504 health care facility financing totals to over $14 million for 2018 alone.

Self-Storage Is Booming – and NOLA Is Leading the Way

The self-storage industry has outpaced the broader economy, growing 4.5% annually in recent years, and adding $4 billion in new storage spaces over the last year. And nowhere is that boom more obvious than in New Orleans, where more than 1 million sq. ft. of self-storage space is currently under construction.

REITs Outperform the Market

Ever-positive analysts have had to break out their euphemisms for stock market losses over the past few weeks, some even admitting that we may be seeing the early stages of a “correction.” But, despite that “volatility,” Bisnow reports that REITs have been outperforming the rest of the market, painting a positive picture for at least one sector.

Liberty Provides $23+ Million in Financing to Projects in California

Liberty is a nationwide provider of SBA 504 loans, but over the last two years, we’ve financed more than $23 million for projects in the state of California alone, including projects in Newport Beach, Imperial, San Diego and Riverside.

Small Business Lending Demand Up Significantly

The conclusion from the latest Thomson Reuters / PayNet Small Business Lending Index? Small businesses are doing well, and are under low financial stress. As a result, they’re investing in growth, driving demand for small business loans up 16% from last year.

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk.

111111

News Roundup: SBA 504 Momentum Continues, Healthcare & CRE Landscape, Industrial Vacancy at Lowest since 2000

Posted on October 29, 2018 by kunallibertysbf

SBA 504 Momentum Continues in 2018

According to the U.S. Small Business Administration, the SBA 504 loan program has experienced another strong year in 2018, granting 5,874 small business loans for a total of more than $4.75 billion. The introduction of the 25-year Debenture in April has also been successful, with more than 1,000 debentures sold by the end of September.

Liberty SBF is Expanding Nationwide

Liberty SBF is growing. We recently doubled our inside sales teams on both coasts, brought on expert originators from all over the country, and hired a National Director of Originations.

Industrial Real Estate Vacancy at Lowest Since 2000

Thanks to ongoing demand for warehouses in the industrial/logistics sector, industrial real estate has experienced its 33^rd straight quarter of declining vacancy. According to a recent CBRE report, the national industrial vacancy rate is 7.2%—its lowest since the year 2000.

Who Gets the Credit for Industrial Demand?

While many attribute robust industrial real estate demand to booming e-commerce, the reality is that food & beverage, logistics, packaging and manufacturing sectors are important players, particularly in markets like Southern California, GlobeSt reports.

Liberty Provides $14.2 Million in SBA 504 Loans for Healthcare

Liberty has provided $14.2 million in SBA 504 loans for the acquisitions of a medical facility in Miami, Florida, and a skilled nursing facility in Tucson, Arizona.

Health Care and the Commercial Real Estate Landscape

When it comes to healthcare, people are increasingly shifting from traditional hospital care to smaller, community outpatient clinics. How does that impact commercial real estate? Commercial Property Executive shares a clip exploring this trend and from the recent CREW Network meeting in San Diego.

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk.

111111

News Roundup: Industrial Still a Major Player, a Sunny Southern Outlook, 2018 Looks to Close Strong

Posted on October 22, 2018 by kunallibertysbf

A Strong Close to a Strong Year

2018 has been a strong year for investment activity and commercial real estate performance, thanks in no small part to activity in the industrial market. According to Globe Street, industrial will continue to add value for owners and investors through the end of the year and into 2019.

Liberty Closes SBA 504 Loan for the Acquisition of a NJ Industrial Property

Liberty provided $1.12M in SBA 504 financing for the acquisition of a warehouse in the red-hot New Jersey industrial market. See all of our closed deals.

Experts Say Strong Industrial Investment to Continue

Nearly 92% of respondents in the annual Investor Sentiment Report from RCM-SIOR saw plenty more growth potential in the industrial investment sector. Respondents cited record and diversified demand, low vacancy, and the expanding economy as key drivers of growth.

A Sunny Southern Outlook

According to PwC and the Urban Land Institute (ULI), seven of the top 10 investment markets are in the South. Dallas / Fort Worth tops the list, which was released at the ULI Fall Meeting. Brooklyn is second, followed by Raleigh-Durham, Orlando, Nashville, Austin, Boston, Denver, Charlotte and Tampa. Growth in the education, health care and technology sectors are the primary drivers of commercial real estate in these markets.

Liberty Provides Over $16.7 Million in Financing to Projects in the South

Liberty has provided more than $16.7 million in financing for various projects in southern cities, including: Panama City, FL; Greensboro, NC; Memphis, TN; Atlanta, GA, Norcross, GA; and St. Simons Island, GA.

Playing the Field

While industrial and distribution properties have the best investment prospects for 2019 – similar to last year’s prognosis – the 2019 Emerging Trends in Real Estate from PwC and ULI notes that investors are increasingly looking for new opportunities in property types that they have not tried before.

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk.

111111

$12.9M Healthcare Facility Closes With Liberty SBA 504 Loan

Posted on October 15, 2018 by kunallibertysbf

Sapphire of Tucson Nursing & Rehab.

A skilled nursing home in Tucson, AZ, recently closed with the help of $12.9 million in financing from Liberty SBF. Liberty provided both the $8 million SBA 504 first loan and a $4.9 million interim loan to allow the transaction to proceed while the CDC portion of SBA 504 loan is being completed. Sapphire of Tucson Nursing & Rehab is the area’s only privately owned skilled nursing facility.

Originally built in 1983, The Property is located in Southwest Tucson, six miles southeast of downtown Tucson and four miles north of the Tucson International Airport. A strong network of regional hospitals is located within 10 miles of the Property, including Banner University Medical Center, a 227-licensed bed comprehensive medical center located 500 feet away. In addition, the Property is located five miles northwest of the Davis-Monthan Air Force Base. Except for the Arizona State Veteran Home-Tucson (120-beds), the subject is the only skilled nursing facility within the southern Tuscan market and benefits from demand generated by the families of Air Force Base Personnel and of businesses that support the Base.

The owners have over 20+ years of experience in long term care facilities. As of June 2018, they own six facilities, with a total value of $97.1MM.

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk.

111111

News Roundup: Self-Storage Rides a High, Rate Hikes Haven’t Ruined Things and the Dawning of the Age of the Cheap Chic Hotel

Posted on October 15, 2018 by kunallibertysbf

Self-Storage Is Up 120%+, Still a Good Bet

Let’s face it, we’re addicted to stuff. And self-storage facilities are there to help. That’s why self-storage sector REITs are up 120.6% in the last eight years. While self-storage rental rates may no longer be growing by double digits, many professionals see plenty of positives in the sector’s future.

Liberty Finances $1.9 Million Self-Storage Facility

Liberty SBF has provided nearly $2 million in SBA 504 financing to a self-storage facility in Panama City, FL. The loan allowed the owners to refinance their property, while taking advantage of the low fixed-interest rates and long terms of SBA 504 loans to improve their cash-flow position.

Rate Hikes Haven’t Impacted Pricing or Volume … Yet

While the Fed keeps bumping interest rates higher, and plans to keep doing more of the same, real estate pricing and availability have yet to show repercussions. Globe St. reports that while pricing and sales velocity are currently remaining unchanged, things could slow down toward the end of the year.

Affordable, Trendy Hotels Cash in on Consumer Demand

What do millennials want? Good design. And what do they want to pay for it? Not much. The New York Times is reporting on the rise of the cheap, chic hotel that’s meeting consumer demand with low-priced rooms combined with trendsetting designs. And consumers can’t get enough.

Liberty Finances Hotel Projects in Georgia and Utah

Liberty recently provided funding for two hotel projects, a $7.7 million loan for a hotel on St. Simons Island, Georgia, and a $4.7 million SBA 504 loan for a hotel acquisition in Midvale, Utah.

Industrial Property Activity Spikes in the Midwest

For months, East and West Coast metros have been feeling the heat of incredible demand for industrial properties, fueled by the “Amazon effect” and e-commerce logistics. Now, it looks as though the Midwest is getting involved, with a 103% increase in industrial CRE investment in Columbus, a 41% increase in Chicago and a 29% increase in Indianapolis.

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk.

111111

News Roundup: Good News for the Carolinas, The Impact of Driverless Trucks and the Latest CRE Forecasts through 2020

Posted on October 8, 2018 by kunallibertysbf

SBA Announces Deferments for Hurricane Florence Businesses

Flooded residential streets

If you didn’t expect to see the kinder, gentler side of government loan programs today, prepare to be surprised. The SBA has announced that businesses affected by Hurricane Florence in North or South Carolina can apply for up to a 9-month deferment of their qualified SBA loans, including SBA 504 loans.

Liberty Provides Over $38.4 Million In Warehouse and Industrial Financing

warehouse exterior with trucks

Over the past 3 years, Liberty SBF has provided more than $38.4 million in SBA 504 financing for warehouse and industrial projects. Recently, the company provided a $9.1 million SBA 504 loan for an industrial property in San Diego, CA.

What Driverless Cars and Picking Robots Mean for the Warehouse Sector

Robot arm in warehouse

With new laws for driverless vehicles on the books in 29 states, and robots already playing a key role in Amazon warehouses, it’s time to think about what automation means for warehouses. NREI takes a look at what happens when warehouse tenants embrace a highly automated present, and future.

Florence’s Effect on CRE

Flooded neighborhood

As hurricane recovery from Florence gets into full gear, there may be a silver lining in some sectors. Several experts are predicting an upswing in multifamily housing and hotel trends in the Carolinas over the coming months. One change that might differentiate this from past hurricane recoveries? Many of the damaged homes are second homes, which could affect predictions.

Liberty Provides Over $12-million in Hotel Financing

hotel in Utah

In recent years, Liberty SBF has provided more than $12-million in financing for hotel projects. Most recently, the company provided $4.7 million in SBA 504 financing for a hotel in Midvale, UT.

A Strong Forecast for CRE Through 2020

City view of skyscrapers and residential houses

The latest edition of the Urban Land Institute’s Real Estate Economic Forecast is predicting good news across all major sectors of commercial real estate, and revising up their forecast from earlier in the year. Check out their summary article here, or dig into the nitty-gritty details for yourself right here.

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk.

111111

News Roundup: Optimistic Small Business Owners, E-Commerce Pushes Demand for Industrial and CRE Investment up $10+ Billion

Posted on October 3, 2018 by kunallibertysbf

Small Business Owners Are More Optimistic Than Ever

Small Business Owners Being Optimistic

For 45 years, the NFIB has been surveying small business owners. In August, they reported being more optimistic about the future than they ever have been in the history of the survey. The previous high-optimism mark came in 1983, when a new Dodge Ram cost $5,665, Regan was president and a 2bd townhouse in Chicago would run you about $47,000.

E-Commerce Takes Over Former Industrial Spaces

Warehouse Workers in an eCommerce Warehouse

Leaving our homes to buy things is so last decade. And as we become increasingly reliant on e-commerce, The New York Times reports that industrial space is in hot demand, and much of it is being converted from manufacturing to distribution centers. The most valuable properties offer easy access to large metropolitan areas and major transportation arteries.

Liberty Closes $34.6 Million in SBA 504 Industrial Loans

A warehouse financed through SBA 504 small business financing.

Over the past 24 months, Liberty has provided nearly $35 million in SBA 504 financing for strategically located warehouses. These transactions range from a $1.7 million warehouse in Riverside, CA, offering easy access to the LA Metro area, to an $11 million warehouse near Bristol, PA, that’s within an hour’s drive of both the New York and Philadelphia metros.

Q2 CRE Investments Up $10+ Billion

Q2 CRE investments are up significantly.

New data from Real Capital Analytics suggests that the commercial real estate investment volume is up 9.1% from the first quarter of 2018. This growth was led by the Western U.S., which posted $32.2 billion in Q2 activity.

Liberty Wraps Up $16.5 Million in Office Space SBA 504 Loans

SBA 504 Financed Office Buildings

The closing of a $5.4 million office building in Newport Beach, CA, marks a cumulative $16.5 million in office space acquisitions through Liberty-led SBA 504 loans over the past two years.

The Cases For and Against “Previewing” Real Estate Listings

Pocket listings are nothing new to real estate, but a new plan for sneak-peek marketing from a New York brokerage is reigniting the debate. And while commercial listings land outside the MLS, it’s worth thinking about ways that pre-release marketing could help (or hurt) buyers, sellers and brokers.

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk.

111111

Liberty SBF Closes Fixed-Rate SBA Loan For PA Warehouse

Posted on June 5, 2018 by kunallibertysbf

Liberty SBF closed a $11MM SBA 504 loan for the acquisition of an industrial building located in Bristol, PA for B&C Industries, a supplier of packaging materials. B&C serves businesses in diverse industries and has experienced increasing demand for its product thanks to the surge in e-commerce. The new building will allow B&C to establish a presence in southern New Jersey and further expand business in the greater Philadelphia area.

Liberty SBF is one of the top fixed rate SBA 504 lenders by volume providing 90% LTV loans on owner occupied properties across the U.S. The company specializes in warehouse, hotel, office, assisted living and self-storage properties.

111111

Liberty SBF Closes Memphis, TN Multifamily Bridge Loan For Local Sponsor

Posted on January 23, 2018 by kunallibertysbf

Liberty SBF funded this multifamily loan in time sensitive deal. Bridge loan allowed the sponsor time to season property up to 90% occupancy as required by perm agency loan with no prepayment penalty.

Liberty SBF recently closed a $1.7MM bridge loan for the acquisition of a 58-unit multifamily property in Memphis, Tennessee. Liberty SBF’s bridge loan will allow the sponsor to acquire the property and season the location at 90%+ occupancy for 90 days before exiting into permanent agency financing.

The property underwent a $1.38MM renovation in 2017 by the seller to improve the building allowing the sponsor to purchase the property in turn-key condition. The management company is located in downtown Memphis with 10-years experience managing multifamily properties in the city. At acquisition the property was 84.5% occupied. The sponsor and management company both have extensive experience in the Memphis multifamily market.

The low-rise multifamily property was built in 1972, located in a primarily residential area at 2879 Beverly Hills Rd, nine miles northeast of downtown Memphis, and is currently running at market level. The property is located near various living amenities that will continue to support the asset in both performance and value.

Read Liberty’s White Paper on Bridge-to-Agency Loans for Multifamily Sponsors, Mortgage Bankers, & Agency Lenders: Click Here.

Liberty SBF offers personal service for SBA 504 and Conventional & Bridge loans for owner-user properties across the US. We’d love to help you.

111111

Liberty SBF Closes Pueblo, Colorado SBA 504 Hotel Loan in Record 33 Days

Posted on July 20, 2016 by kunallibertysbf

Loan Details:

■ Closed in 33 days!
■ $3.05MM SBA 504 loan
■ Hotel/Resort
■ Pueblo, CO

Liberty SBF, a national commercial real estate lender, today announced that it has closed and funded $3.05MM in total SBA 504 proceeds to finance the purchase of a 60-key, limited service Quality Inn hotel in Pueblo, CO. The deal was closed directly from Liberty’s balance sheet in a record turnaround time of just 33 days.

The borrower approached Liberty SBF with a request to close in an extremely short time frame due to an imminent 1031 exchange deadline. Liberty worked with Colorado Lending Source as the Certified Development Company (CDC) and received SBA approval in 5 days. Calling on years of experience, Liberty SBF was able to expeditiously move the loan from underwriting to closing – exceeding the borrower and marketplace expectations on loan turnarounds.

“Colorado Lending Source was excited to partner with Liberty SBF to finance the Quality Inn in the Pueblo community,” said Kamry Bowman, Loan Officer at Colorado Lending Source. “Through our partnership with Liberty SBF we were able to get SBA approval in place and meet the borrower’s closing timeframe in short order. We found Liberty SBF to be a great partner throughout the process.”

The hotel property is located in the city of Pueblo, CO, a few minutes’ drive from amenities including a golf course, skiing, state park, Colorado State University, and a convention center. The new owners, John and Shefali Miller will be involved in running the hotel on a day-to-day basis. They also plan to keep the entire hotel management team in place and create new job opportunities for the Pueblo area.

“Our 1031 Exchange presented a stressful and tight timeline to find our next financial investment,” said John Miller, President, Siena Investment Holdings LLC. “Ultimately, the funds were used for a down payment on a hotel property and we needed to obtain financing quickly. Liberty SBF understood our challenge, helped identify the best loan package and provided competitive financing for our hotel within deadline. They came through for us in a big way.”

Liberty SBF is helping to revitalizing the SBA 504 market, filling a void in secondary market lending with its National First Lien SBA 504 Wholesale Program. Liberty SBF partners with approved banks, non-bank lenders and other SBA loan intermediaries to originate 504 loans across the country and can pay up to 4 points of premium to its partners. Liberty SBF also services the loans in its portfolio.

“The perception in the marketplace is that closing an SBA loan is a lengthy process. We have proven that with the right team, SBA 504 loans can be closed quickly and efficiently under a strict deadline,” said Alex Cohen, CEO of Liberty SBF.

Liberty SBF’s National First Lien
SBA 504 Wholesale Program

Price loans and build in your referral fee
automatically in a few easy steps:

1. Click here to download Liberty SBF’s National First Lien SBA 504 Wholesale Program Rate Sheet & Underwriting Matrix to review eligible loan parameters.

2. Use rate sheet to price eligible loans based on our national par rates. Determine loan eligibility using our Underwriting Matrix.

3. Earn up to 4 points of premium income by marking up par rate, earning origination fees and structuring additional PPP (Not subject to dollar cap).

4. Remember: Liberty SBF will also consider deals that fall slightly outside our credit box. Call the desk for par pricing.

Contact (610) 816-0200 or
deal@localhost for more information!

Nationwide Lender | Brokers Protected

Nationwide Lender | Brokers Protected

2 Penn Center, 1500 JFK Boulevard, Suite 250, Philadelphia, PA 19102 | www.LibertySBF.com.

Connect With Us: Facebook | LinkedIn | Twitter

Unsubscribe