Recent Closings
Explore 31 actual funded transactions from the American Commercial Lending closing archive across purchases, refinances, construction, bridge loans, and commercial properties.
$2,400,000
Bridge
33XX Yellowstone Boulevard — Houston, TX
- 12 single-family homes
- Ground-up construction
- Bridge loan
$4,000,000
Refinance
W Master Street & Harlan Street — Philadelphia, PA
- 25-unit multifamily property
- Rate-and-term refinance
- 30-year fixed rate at 6.5%
$5,131,250
Construction
Rittenhouse Square — Philadelphia, PA
- 8-unit condominium building
- $5,131,250 loan to pay off an expiring construction loan and complete the remaining construction
$711,000
Bridge
Shenandoah Apartments — Miami, FL
- 6-unit apartment building
- Bridge loan at 9.75%
- Interest-only, 12-month term
$575,000
Commercial
600 N. 23rd Street — Philadelphia, PA
- Condominium fix and flip
- Loan amount: $575,000
- Rate: 11%
$690,750
Purchase
640 Pine Street — Philadelphia, PA
- 3-unit investment property
- Purchase price: $921,000
- Rate: 4.875%
- 75% LTV
$3,250,000
Refinance
201 Main Street — Lambertville, NJ
- Riverwalk Office Complex
- Refinance
- Rate: 5.25%
- 5-year ARM with 25-year amortization
$700,000
Purchase
405 37th Street — Pennsauken, NJ
- Office and warehouse property
- Purchase price: $1,000,000
- Rate: 7.5%
$438,750
Purchase
225 Rittenhouse Street — Philadelphia, PA
- Conventional financing
- Purchase price: $585,000
- Rate: 5.25%
- 75% LTV
$675,000
Commercial
375 Flowers Mill Road — Langhorne, PA
- Mixed-use commercial property
- Rate: 5.25%
- 5/1-year ARM
$1,950,000
Refinance
781 Route 70 West — Marlton, NJ
- Diner refinance and partnership buyout
- Rate: 4.25%
- 70% LTV
- 5-year adjustable rate with 30-year amortization
$3,000,000
Refinance
176 Grand Street — Brooklyn, NY
- Mixed-use property
- Rate: 3.50%
- 5-year ARM with 30-year amortization
$2,250,000
Refinance
NE 51st Street — Fort Lauderdale, FL
- Apartment building refinance
- Rate: 4.25%
- Closed in two weeks
$6,050,000
Construction
4500 Worth Street — Philadelphia, PA
- Office and commercial building
- Refinance with construction financing
- Rate: 5.45%
- 5-year ARM with 25-year amortization
$1,400,000
Refinance
700–702 S. 5th Street — Philadelphia, PA
- Mixed-use property
- Rate: 5.95%
- 5-year ARM with 25-year amortization
$6,880,000
Purchase
145 Independence Boulevard — Hardeeville, SC
- Holiday Inn hotel purchase: $6,200,000
- Property improvement plan: $1,350,000
- Total financing: $6,880,000
- 85% LTV
$256,500
Purchase
2725 Kirkbride Street — Philadelphia, PA
- Purchase price: $269,900
- Conventional financing
- 30-year fixed
- Rate: 5.25%
$2,886,730
Refinance
2152 E. Dauphin Street — Philadelphia, PA
- Cash-out refinance
- 77% LTV
- Rate: 4.15%
- Non-recourse
$1,508,000
Construction
721–725 N. 3rd Street — Philadelphia, PA
- Acquisition and construction financing
- Rate: 11%
- Closed in two weeks
$2,100,000
Purchase
2nd and Market Streets — Philadelphia, PA
- Mixed-use building purchase
- Rate: 4.50%
- 7-year fixed with 25-year amortization
$2,000,000
Refinance
300 E. Godfrey Avenue — Philadelphia, PA
- The Bond Warehouse
- Rate: 5.50%
- Closed in three weeks
$112,500
Purchase
40–42 Church Street — Pittston, PA
- 7-unit apartment building
- Purchase price: $140,000
- Rate: 5.50%
- 80% LTV
$770,000
Refinance
Main Street — Doylestown, PA
- Restaurant property
- Rate: 9%
- Closed in three weeks
$2,450,000
Refinance
1417 N. 2nd Street — Philadelphia, PA
- 32-unit office building
- Rate: 4.60%
- 5-year fixed with 25-year amortization
$1,200,000
Purchase
528 Knorr Street — Philadelphia, PA
- Purchase price: $1,500,000
- 80% LTV
- Non-recourse
- 5-year adjustable rate with 30-year amortization
- Rate: 4.15%
$750,000
Commercial
8-Property Blanket Loan — South Philadelphia, PA
- Rate: 8.47%
- 30-year fixed amortization
$7,000,000
Refinance
1400 N. American Street — Philadelphia, PA
- Office building
- Cash-out refinance
$3,000,000
Refinance
72-Property Portfolio — East Stroudsburg, PA
- Portfolio of 72 properties
- Cash-out refinance
$3,200,000
Construction
Church Campus — Bronx, NY
- Paid off an existing $1,150,000 mortgage
- Remaining proceeds funded construction of a large sanctuary addition
- Rate: 6.25%
$5,550,000
Construction
1501 S. 25th Street — Philadelphia, PA
- Construction loan for townhomes and a condominium building in a gated community
- Floating rate of 4.75% during the construction period
$6,315,000
Refinance
The Maison Residences — Islamorada, FL
- Multifamily property
- Bridge refinance of a maturing construction loan
- Additional time provided for the borrower to stabilize the newly completed property
- Rate: 7.75%