Maverick News

28 Sep

Maverick Commercial Mortgage Funds Construction for Indy Mixed-Use

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Maverick Commercial Mortgage, Inc. has funded a ground-up construction loan for an Indianapolis-based developer. The loan was closed within 15 business days from the execution of the term sheet. The subject property will be developed as a mixed-use building near Indianapolis, Indiana. The project will consist… Read More: https://www.connectcre.com/stories/maverick-commercial-mortgage-funds-construction-for-indy-mixed-use/

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16 Jul

Maverick Commercial Mortgage, Inc. Announces Construction Financing for a to be Developed Mixed Use Development in Indianapolis Market.

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Maverick Commercial Mortgage, Inc. has funded a ground up construction loan for an Indianapolis-based developer. With great effort by both Lender, Borrower, and Maverick, the loan was closed in 15 business days from the execution of the term sheet. The subject property is a to be developed mixed use building near Indianapolis, IN. The project […]

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22 Mar

Maverick Commercial Mortgage, Inc. Announces $9,000,000 Financing On Over 150,000 SF Spread Across 3, Single – Tenant Industrial Buildings in Michigan

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Maverick Commercial Mortgage, Inc. has funded a first mortgage loan for $9,000,000 with a repeat borrower based in Bethesda, MD. The loan, provided by a regional bank, is a 5 year loan that will be swapped at closing to provide a competitive 5-year fixed rate loan. The subject properties are 3 separate buildings spread across […]

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29 Feb

Maverick Announces $2,400,000 Refinance On a 30,000 Square Foot Office Building in Downtown Indianapolis

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Maverick Commercial Mortgage, Inc. has funded a first mortgage loan for $2,400,000 with a repeat borrower based in Indianapolis, IN. The loan, provided by a Midwest lending institution, is a 5 year competitive fixed rate loan. The loan has a 5,4,3,2,1 prepayment penalty. The proceeds of the loan were used to retire the acquisition financing […]

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19 Sep

What Is a Construction Loan and How to Choose the Right One for You

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Building a home comes with many perks. You can pick your lot, customize your floor plan and build the home of your dreams. Plus, with low housing supply and higher mortgage rates keeping many homeowners from listing their properties, it can also make your home purchase easier on the whole—no scouring listings or bidding wars […]

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28 Aug

Maverick Commercial Mortgage, Inc. announces $7,500,000 financing on 150,000-square-foot multi-tenant industrial building in Chicag

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Maverick Commercial Mortgage, Inc. has funded a first mortgage loan for $7,500,000 with a repeat borrower based in Bethesda, Maryland, for a multi-tenant building located at 1120 E. 89th Street in Chicago. The loan, provided by a regional bank, is a five-year loan that will be swapped at closing to provide a competitive five-year fixed rate loan. […]

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25 Aug

Maverick Commercial Mortgage, Inc. Announces $4,500,000 Financing On a 240,000 Square Foot Building in Trenton, New Jersey.

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Maverick Commercial Mortgage, Inc. has funded a first mortgage loan for $4,500,000 with a borrower based in Potomac, MD. The loan, provided by a debt fund, is a 12 month variable rate acquisition loan. The loan proceeds will be used to purchase the property, pay real estate taxes, and carry the loan. The subject property […]

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14 Aug

Maverick Commercial Mortgage, Inc. has funded a first mortgage loan for $13,000,000 with a repeat borrower based in Chicago, IL.

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Maverick Commercial Mortgage, Inc. has funded a first mortgage loan for $13,000,000 with a repeat borrower based in Chicago, IL. The loan, provided by a regional lending institution, is a 5 year loan fixed at a competitive rate . The loan proceeds will be used to refinance the current loan on the property. The subject […]

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14 Aug

Maverick Commercial Mortgage, Inc. Announces $7,500,000 Financing On a 150,000 SF Multi-Tenant Industrial Building in Chicago, IL.

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Maverick Commercial Mortgage, Inc. has funded a first mortgage loan for $7,500,000 with a repeat borrower based in Bethesda, MD. The loan, provided by a regional bank, is a 5 year loan that will be swapped at closing to provide a competitive 5-year fixed rate loan. A por-tion of the loan proceeds will be used […]

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19 Jun

Maverick Commercial Mortgage, Inc. Announces $4,000,000 Financing On an 81 Unit Multi Family Residential Portfolio in Frankfort and and Rossville, IN.

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Maverick Commercial Mortgage, Inc. has funded a first mortgage refinance loan for $4,000,000 with a repeat borrower based in Lafa-yette, IN. The loan, provided a regional lending institution, is a 10 year fixed rate loan, interest only for the first year. The rate is fixed at low spread over the 5 Year US Treasury and […]

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