Our Blog

HELVETICA FUNDED BRIDGE LOAN | $3.2MM BIG BOX RETAIL BUILDING HANFORD, CA

Posted by Chad Mestler on Jul 5, 2018 2:12:45 PM
 
 
HANFORD , CA - Helvetica funded a $3,200,000  bridge loan  on a three unit, vacant, big box, retail building in Hanford, California.    The latest transaction to grace the Helvetica closing table was a cash out refinance, brought to us courtesy of a local  commercial  mortgage broker.  The broker partner  contacted Helvetica, on behalf of his client, who was seeking to refinance their existing debt that had recently matured as well as obtain cash out to perform tenant improvements and pay for leasing commissions. 
Read More

Topics: Deals, Loans, Brokers, retail

HELVETICA FUNDED BRIDGE LOAN | $850K RETAIL STRIP CENTER SEATTLE, WA

Posted by Chad Mestler on Mar 29, 2018 3:32:37 PM
 
SEATTLE, WA -  Helvetica funded an $850,000 broker originated  bridge loan to refinance a retail strip center in outside of Seattle.  The borrower was in need of a cash out refinance to pay off maturing debt and make property improvements. The borrower had limited documentation but decades of real estate ownership experience. Since the property had substantial equity, Helvetica was able to provide enough cash out for the borrower to make property improvements and reposition the asset for sale.  Through great coordination with the loan broker, Helvetica quickly closed another low leverage bridge loan on a value add property. 
 
Read More

Topics: Deals, Loans, Brokers, Small Balance

HELVETICA FUNDED BRIDGE LOAN | $3.7MM OFFICE BUILDING SAN DIEGO, CA

Posted by Chad Mestler on Mar 29, 2018 3:32:21 PM
 
SAN DIEGO, CA - Helvetica funded a $3,700,000  bridge loan  on an office/flex building in San Diego, California.   
A commercial mortgage broker contacted Helvetica looking for a cash out refinance for his client. The borrower is a
foreign national and has owned the property since it was constructed in 1997. The borrower needed bridge financing to pay off maturing debt, and to finish improvements for a new tenant who recently signed a 5-year NNN lease. Through great coordination by the broker, Helvetica was able to quickly close and pay off the current lender while providing enough cash out to complete improvements. The property will be a candidate for conventional bank financing once the lease is seasoned and the sponsor can show historical operating income.  
Read More

Topics: Deals, Loans, Brokers, Small Balance

HELVETICA FUNDED BRIDGE LOAN | $1.172MM OFFICE BUILDING KALAMAZOO MI

Posted by Ben Wilson on Mar 29, 2018 3:31:50 PM
 
KALAMAZOO, MI -  Helvetica funded a $1,172,000  bridge loan for the purchase of an office building in Kalamazoo, MI. 
Read More

Topics: Deals, Loans, Brokers, Small Balance

HELVETICA FUNDED BRIDGE LOAN | $682K RETAIL BUILDING IN ORLANDO, FL

Posted by Ben Wilson on Mar 29, 2018 3:31:29 PM
 
ORLANDO, FL -  Helvetica announced the funding of another broker originated  bridge loan to purchase a single tenant NNN restaurant building .
Read More

Topics: Deals, Loans, Brokers, NNN, Small Balance

Bridge Loans for Trust Buyout Financing to Preserve Low Property Tax Rates

Posted by Jennifer Foster on Dec 8, 2017 1:11:01 PM

  

 

Using a bridge loan to finance commercial real estate properties held in a trust is often the best option with competing beneficiary interests. 

Read More

Topics: Advice, Brokers

HELVETICA IDENTIFIES $2.29M NNN 1031X PROPERTY FOR PRIVATE INVESTOR AND PROCURED BANK FINANCING

Posted by Chad Mestler on Dec 8, 2017 12:55:18 PM

AMARILLO, TX - Ben Wilson of Helvetica identified an exchange property for a private investor's 1031 exchange upleg.  The investor needed to quickly identify a substitute property to qualify for a 1031 exchange and defer a substantial amount of tax liability.The investor's financial advisor and CPA referred him to Helvetica as a trusted source to provide advise on acquiring and financing commercial real estate. Helvetica was able to scour the country side within a few days and find a suitable, low risk, worry free, cash flowing investment located in Amarillo, TX. The single tenant retail building was leased to a credit tenant and was generating a 5.6% return (cap rate).

Read More

Topics: Deals, Investing, 1031X

Using a Bridge Loan is Best Alternative to Fund a 1031 Exchange

Posted by Chad Mestler on Nov 21, 2017 3:01:37 PM

Using an alteranative bridge lender for financing 1031 exchanges often provides the best solution.  This type of financing gives the most certainty for closing on time and is well worth the extra interest and fees that may be charged, when compared with the high taxes that could be incurred otherwise. 

 

Read More

The ONE Killer Loan Product Every Commercial Mortgage Broker Should Have

Posted by Chad Mestler on Nov 17, 2017 7:48:09 AM

 

Every commercial real estate and mortgage broker needs to have an alternative lender in their arsenal of loan products.  Today, bank underwriting has lost its reasoning: credit and debt service coverage are non-negotiable in loan approvals regardless of equity, liquidity, project viability or borrower networth.  

Here are a bunch of reasons to use an Alterantive CRE Lender:

Read More

Topics: Advice, Brokers

HELVETICA FUNDED LOAN | $795K ON SAN DIEGO OFFICE BUILDING

Posted by Ben Wilson on Oct 23, 2017 4:30:12 PM
 
SAN DIEGO, CA - Helvetica announced the funding of a $795,000 small balance commercial loan secured by an owner occupied office building in San Diego. The borrower had two loans securing the property and needed to refinance out of the high-interest debt. Helvetica's loan paid off both lenders and provided the borrower with a lower overall interest rate. Helvetica offers alterantive loan products for low leverage loans on local properties
Read More

Topics: Deals, Loans, Small Balance