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How to leverage commercial mortgage brokers in the capital formation process
As a direct lender, Pacific Security Capital is often contacted by commercial mortgage brokers to provide commercial real estate loans or structured financing for their client's projects.
Reputable commercial mortgage brokers can provide borrowers with an entree to lenders that they may not have otherwise had access to thereby broadening the borrower's ability to expand their lender network.
A good commercial mortgage broker can not only provide access to lenders, but should also add-value to the transactional process as well. "We have spent a great deal of time creating a nationwide indirect channel consisting of commercial mortgage bankers and mortgage brokers," said Mike Myatt, executive managing director of Pacific Security Capital. "We have found that mortgage brokers and mortgage bankers can provide us with consistent deal flow from quality sponsors that may not have found us on their own," said Myatt.
Authored by Mike Myatt
Executive Managing Director of Pacific Security Capital
Contact Pacific Security Capital today 1-800-844-6085
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February 24, 2005 in Commercial Real Estate Loans | How to leverage commercial mortgage brokers in the capital formation process
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