Rittenhouse Sq
Philadelphia Pa
Shenandoah Apartments
Miami, Florida
Bridge loan – $711,000 Rate 9.75%
Interest Only 12 month term
640 Pine Street
Philadelphia, PA 19146
3 Unit Investment Property
Loan Amount: $690,750
Rate: 4.875%
Purchase Price: $921,000
LTV: 75%
201 Main St.
Lambertville, NJ 08580
Riverwalk Office Complex
Loan Amount $3,250,000
Refinance
Rate 5.25% 5 yr ARM 25 yr
405 37th Street
Pennsauken, New Jersey 08110
Loan Amount: $700,000
Purchase Price: $1,000,000
Rate: 7.5%
Office Warehouse
225 Rittenhouse Street
Philadelphia, PA 19140
Loan Amount: $438,750
Rate: 5.25%
Purchase: $585,000
LTV 75%
Conventional
375 Flowers Mill Road
Langhorne, PA 19047
Mixed Use Commercial
Loan Amount: $675,000
Rate: 5.250%
5/1 year ARM
Commercial
781 Route 70 W. Evesham Twsp.
Marlton, NJ. 08053
Refinance – Partnership buyout of the Diner
Loan amount – $1,950,000
Rate – 4.25%
LTV – 70%
5yr Adjustable – 30 year amortization
176 Grand St
Brooklyn, NY 11211
Mixed Use Property
Refinance
Loan amount $3,000,000
Rate – 3.50%
5yr ARM 30 year amortization
NE 51st St.
Fort Lauderdale, FL 33308
Apartment building refinance
$2,250,000 Closing
Rate – 4.25%
Closed in 2 weeks
4500 Worth St.
Phila., Pa. 19124
Office and Commercial building
Loan Amount = $6,050,000
Refinance with Construction loan
Rate 5.45%
5yr ARM 25 yr amortization
700-702 S 5th St.
Phila., Pa. 19147
Mixed use property
Loan amount $1,400,000
Refinance Rate 5.95%
5 yr ARM 25 yr amortization –
145 Independence Blvd,
Hardeeville, SC 29927
Hotel Purchase – $6,200,000
PIP – $1,350,000
LTV – 85%
Total financing – $6,880,000
ACL closes a Holiday Inn hotel purchase for $6,200,000 with an additional $1,350,000 property improvement plan.
2725 Kirkbride Street
Philadelphia, PA 19137
Loan Amount: $256,500
Purchase Price: $269,900
Conventional
30 yr fixed
5.25% rate
2152 E. Dauphin St.
Phila., Pa. 19125
Cash out Refinance loan amount = $2,886,730
LTV = 77%
Rate 4.15%
Non-Recourse
721-25 N 3rd St.
Philadelphia, Pa 19123
Acquisition Construction
$1,508,000 Closing
Rate – 11%
Closed in 2 weeks
2nd and Market St.
Phila., Pa. 19106
Purchase mixed use building
$2,100,000 Closing
Rate – 4.50%
7 yr fixed amortized over 25 yrs
300 E Godfrey Ave
Philadelphia, Pa 19120
The Bond Warehouse
Refinance
$2,000,000 Closing
Rate – 5.50%
Closed in 3 weeks
40-42 Church Street
Pittston, Pa 18640
7-Unit Apartment Building
Loan Amount $112,500
Rate 5.50%
Purchase Price $140,000
LTV 80%
Commercial
Main St
Dolylestown, PA 18901
Restaurant Property
Refinanced
Loan amount $770,000
Rate – 9%
Closed in 3 weeks
1417 N 2nd St.
Phila., Pa. 19122
32 Unit Office building
Refinance
Loan amount $2,450,000
Rate – 4.60%
5yr fixed 25 year amortization
528 Knorr St.
Phila., PA. 19111
Purchase – $1,500,000
Loan Amount $1,200,000
LTV – 80%
Non-Recourse
5yr Adjustable – 30 year amortization
Rate – 4.15%
8 Property Blanket Loan
South Philadelphia, 19148
Loan Amount $750,000
Rate: 8.47%
30 Year Fixed Amortization
1400 N American St.
Phila., Pa. 19122
Office Building
Rate 3.50%
Cash out Refinance
ACL closes $6,650,00 refinance
East Stroudsburg, PA
Portfolio of 72 Total Properties
Loan amount $3,000,000
Cash-Out Refinance
Bronx, NYC
Loan Amount was $3,200,000 to payoff an existing mortgage of $1,150,000 and the remaining amount is a construction loan to complete the large new sanctuary addition to the church campus.
1501 S 25th St.,
Phila Pa 19146
The Maison Residences
Islamorada, Florida
Multi Family Property
Refinanced
Loan amount $6,315,000
Rate – 7.75%
The borrower had completed new construction on the property and their construction note was due. American Commercial Lending provided a bridge loan to refinance the construction loan and provide additional time for the borrower to stabilize the property.