A real estate investor from Hong Kong purchased a retail complex with a credit anchor tenant.<\/p>\n\n\n\n
As a Foreign Entity, the borrower has traditionally purchased their U.S. real estate in cash due to the struggles of obtaining financing with no U.S. credit or tax returns. This is a typical client scenario for America Mortgages and with lenders that will focus on the cash flowing real estate, the borrower was able to keep a large position of their cash and utilize a commercial loan.<\/p>\n\n\n\n
We were able to secure a non-recourse 7-year commercial real estate loan for the purchase of the property with 65% leverage.<\/p>\n\n\n\n
| Nationality<\/td> | Property Value<\/td> | Loan Amount<\/td> | LTV<\/td> | Rate<\/td><\/tr> | |||||
| Hong Kong Investment Company<\/td> | $4,200,000<\/td> | $2,730,000<\/td> | 65%<\/td> | 4.875%<\/td><\/tr> | |||||
| Term<\/td> | State<\/td> | Property Type<\/td> | Purpose<\/td> | Loan Type<\/td><\/tr> |
| 7 year fixed loan \/ 20 year amortization<\/td> | Boston, Massachusetts<\/td> | Retail<\/td> | Purchase<\/td> | Commercial<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":" A real estate investor from Hong Kong purchased a retail complex with a credit anchor tenant.<\/p>\n","protected":false},"author":8,"featured_media":2515,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"templates\/template-single-post.php","format":"standard","meta":{"_acf_changed":false,"qubely_global_settings":"","qubely_interactions":"","inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[27,19,14,23],"tags":[],"am_country":[],"am_audience":[],"am_format":[],"class_list":["post-1334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies","category-commercial","category-foreign-nationals","category-purchase"],"acf":[],"qubely_featured_image_url":{"full":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-scaled.jpg",2560,1707,false],"landscape":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-scaled.jpg",1125,750,false],"portraits":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-scaled.jpg",480,320,false],"thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-150x150.jpg",150,150,true],"medium":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-300x200.jpg",300,200,true],"medium_large":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-768x512.jpg",580,387,true],"large":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-1024x683.jpg",580,387,true],"1536x1536":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-1536x1024.jpg",1536,1024,true],"2048x2048":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-2048x1365.jpg",2048,1365,true],"qubely_landscape":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-scaled.jpg",1125,750,false],"qubely_portrait":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-scaled.jpg",480,320,false],"qubely_thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-scaled.jpg",140,93,false],"post-thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-1200x800.jpg",1200,800,true],"twentytwenty-fullscreen":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/01\/c5-1980x1320.jpg",1980,1320,true]},"qubely_author":{"display_name":"Dipti K.","author_link":"https:\/\/www.americamortgages.com\/author\/dipti-k\/"},"qubely_comment":0,"qubely_category":"Case Studies<\/a> Commercial<\/a> Foreign Nationals<\/a> Purchase<\/a>","qubely_excerpt":"A real estate investor from Hong Kong purchased a retail complex with a credit anchor tenant.","_links":{"self":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/1334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/comments?post=1334"}],"version-history":[{"count":13,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/1334\/revisions"}],"predecessor-version":[{"id":16439,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/1334\/revisions\/16439"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/media\/2515"}],"wp:attachment":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/media?parent=1334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/categories?post=1334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/tags?post=1334"},{"taxonomy":"am_country","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_country?post=1334"},{"taxonomy":"am_audience","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_audience?post=1334"},{"taxonomy":"am_format","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_format?post=1334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} |