Travelodge Inn and Suites is located at 1153, Airport Road, Jacksonville, Florida-32218.
This Acquisition loan was closed by CRE Capital & Equity-and Warren M. Factor
This 192 rooms Hotel is conveniently and strategically located near the Jacksonville International Airport & Florida Interstate 95.
This acquisition loan was structured under the U.S. Small Business Administration (SBA) 7A loan program which provides financing of owner-operated CRE. The loan was structured with an 80% loan, and a 10% seller held second mortgage.
Wellington Medical Office Building, closed loan by Warren M. Factor, at CRE Capital & Equity.
He arranged a $12 million loan secured by a mixed-use office/retail property in Palm Beach County, FL.
The property,the Wellington
Reserve, a Class A office/retail park located on South State Road in the town of Wellington, within Palm Beach County. The complex contains 93,000 net rentable square feet in seven buildings .
CRE Capital and Equity closes $11,500,000 Bank loan by Warren M. Factor In Miami, FL
The 54,864-square-foot retail center is anchored by a 45,000-square-foot LA Fitness. Other tenants include CPR Cellphone Repair, GameStop and Pollo Tropical.
CRE Capital and Equity and Warren M. Factor closes, $2,604,000 loan for Starr's Mill Academy Preschool and Childcare in Senoia, Georgia. The refinance loan was structured under the U.S. Small Business Administration (SBA) 7A loan program which provides refinancing of owner-operated commercial real estate properties. The loan was structured with an 85% loan to value and carries a fixed rate of 5.05% over a 25-year term. The borrower chose this loan structure to eliminate finance risk while still obtaining an attractive interest rate.
CRE Capital and Equity closes a loan by Warren M. Factor
$1,201,000 loan for Pousada Inn Motel in Hollywood, Florida. The refinance loan was complicated as the motel was on a master lease, and the owner did not operate this motel. The loan was structured with an 60% loan to value and carries a 5 year fixed loan at a rate of 4.75 %
Warren M. Factor President
With more than 18 years of experience
in real estate lending, Warren Factor provides financing solutions to commercial real estate developers and owners located nationwide with a focus
on the Southeast region.
Past Experience: Mr. Factor served as vice president at Walker and Dunlop and Johnson Capital where he was responsible for originating, and structuring commercial loans.
Mr. Factor has extensive experience in Fannie Mae, Freddie Mac, VA and FHA loan guidelines. Mr. Factor brings a borrower's eye to real estate financing, having been involved in closing many mortgage financing transactions during his career.
Mr. Factor was also the co-owner of
Boca Executive Mortgage and owner
of The Discount Mortgage Store, Inc. a correspondent lending company that closed over 1,000 transactions in 10 yrs. He has also co-owned a large retail company
Mr. Factor earned a Bachelor of Science
in Business Administration at Boston University, with a major in Finance.