Guess who was voted as the Top Financial Deal of 2011?

Closing a commercial loan can be stressful. 

  

 

Rely on the Progress team of professionals for all your mortage needs.

Contact our office at (732) 389-9701 or visit us at

www.ProgressRealtyAdvisors.com



Progress is honored to be chosen by Mid Atlantic Real Estate Journal as the

TOP FINANCIAL DEAL of 2011

http://issuu.com/marej/docs/3-16-12/82?mode=a_p 

We're Closing More Loans!



Kathy Anderson arranged financing for a $4,220,000 loan secured by a  5 story, 42 unit apartment building in Jersey City. The loan features a 10 year fixed rate of 4.875% based on a 30 year amortization and an 80% LTV.  The borrower had a significant cash out.



Limited Time Promotion

One of our primary lending sources is offering the following loan program on a limited basis.

• Property Type:  Retail, Mixed Use, Office, Warehouse, Multi-Family
• Rates:  starting at 4.25% initial 5 yrs. with rate reset
• LTV: Up to 75%
• DSCR: 1.25x
• Recourse:  Non-Recourse Available (Multi-Family Only)

If you have an interest in this program, contact us immediately!

We Closed a $5.2 Million Loan and still going strong!

Way to go Bruce Dashevsky on closing a $5,200,000 deal!  After negotiating with the Lender, he closed the deal for his client at a favorable interest rate and no prepayment penalty.