And what would “it” be, we query? Why “the cycle” of course. Pick your cycle of choice: the economic cycle, the credit cycle, the business cycle, the stock market cycle, the labor cycle, etc.While these, plus others, are loosely sequenced, they are by no means coincidental. Our cycle of greatest consideration at Counsel Mortgage is...
Tag: #counsel
Post
FINANCING THE RETAIL ASSET
From a financing perspective, the retail sector continues to be challenged, but there are good gems to be acquired too. From a lender’s perspective, there are particular challenges to retail deals getting done: • lease roll overs, • expiring leases with no backfill identified, • downward pressure on retailer credit, • lack of transparency on retail...
Post
SO WHAT HAVE YOU DONE LATELY?
This was a refi of 2 existing gas stations with convenience stores in the Phoenix metro market. Underwritten as a portfolio loan, but structured as 2 separate loans. The loan was conventional and refinanced 2 SBA 7(a) loans. The refinancing released about $2.3mm of SBA capacity to be re-used for additional acquisitions....
Post
THAT’S A WRAP!
Today’s post is written by Michael Green, Commercial Loan Originator for Counsel Mortgage Group, LLC. No, we’re not talking about the closing of the Mueller investigation of President Trump for collusion, obstruction, etc. This is a wrap of a different kind. We’re talking about a wraparound mortgage. A wraparound mortgage is a...