Retail – $140,000,000
Hotel – $13,500,000
Hotel – $15,750,000
Retail – $48,000,000
Multifamily – $28,100,000
Retail – $30,000,000
Medical Office – $16,160,000
Cronheim and CHC Close $280MM in Last 30 Days
Cronheim Mortgage and its hotel finance affiliate, Cronheim Hotel Capital, have closed $280MM in transactions in the past 30 days to end 2014 with a bang. This caps another strong year for Cronheim with 2014 financings closed in 13 states on retail, hotel, industrial, multifamily, office and medical office assets.
Our clients continue to rely on us for our strong capital relationships, including our 13 insurance company correspondents, creativity and superior transaction skills.
We are looking for new, quality transactions to add to our already strong pipeline for 2015. Low rates and capital liquidity are creating a very attractive borrowing climate.
It’s not too early to discuss 2015 or 2016 loan maturities.
Long term rates are near their lowest levels ever with 10-yr rates as low as 3.25%!