{"id":1339,"date":"2021-01-25T06:57:12","date_gmt":"2021-01-25T06:57:12","guid":{"rendered":"https:\/\/www.americamortgages.com\/?p=1339"},"modified":"2023-10-05T08:02:26","modified_gmt":"2023-10-05T08:02:26","slug":"a-real-estate-investor-from-canada-purchases-a-retail-complex-in-california","status":"publish","type":"post","link":"https:\/\/www.americamortgages.com\/a-real-estate-investor-from-canada-purchases-a-retail-complex-in-california\/","title":{"rendered":"A Real Estate investor from Canada purchases a retail complex in California."},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">The Client<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The client had come to us from an online search and told us that he spent 4 months working with traditional commercial lenders with the hopes of obtaining financing for their retail purchase.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How We Helped<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Unfortunately, the lender always came back requesting more information, most of which our client did not have, due to not being a U.S. Entity or beneficial owners who are not U.S. Citizens.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We have worked closely with our lending partners over the past 5 years to create financial solutions to accommodate international investors and can structure and underwrite the loan with the information available.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We were able to secure a non-recourse 5-year commercial real estate loan for the purchase of the property with 60% leverage. (Also see&nbsp;<a href=\"https:\/\/www.americamortgages.com\/can-a-canadian-buy-a-house-in-usa\/\">Can a Canadian Buy a House in the USA?<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Loan Details<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Nationality<\/td><td>Property Value<\/td><td>Loan Amount<\/td><td>LTV<\/td><td>Rate<\/td><\/tr><tr><td>Canadian<\/td><td>$4,100,000<\/td><td>$2,460,000<\/td><td>60%<\/td><td>4.99%<\/td><\/tr><tr><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Term<\/td><td>State<\/td><td>Property Type<\/td><td>Purpose<\/td><td>Loan Type<\/td><\/tr><tr><td>5 year fixed loan \/<br>25 year amortization<\/td><td>San Jose, California<\/td><td>Retail<\/td><td>Purchase<\/td><td>Commercial<\/td><\/tr><tr><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The client had come to us from an online search and told us that he spent 4 months working with traditional commercial lenders with the hopes of obtaining financing for their retail purchase. <\/p>\n","protected":false},"author":4,"featured_media":2880,"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-1339","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\/02\/Canada.jpg",1500,1000,false],"landscape":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/Canada.jpg",1125,750,false],"portraits":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/Canada.jpg",480,320,false],"thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/Canada-150x150.jpg",150,150,true],"medium":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/Canada-300x200.jpg",300,200,true],"medium_large":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/Canada-768x512.jpg",580,387,true],"large":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/Canada-1024x683.jpg",580,387,true],"1536x1536":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/Canada.jpg",1500,1000,false],"2048x2048":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/Canada.jpg",1500,1000,false],"qubely_landscape":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/Canada.jpg",1125,750,false],"qubely_portrait":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/Canada.jpg",480,320,false],"qubely_thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/Canada.jpg",140,93,false],"post-thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/Canada-1200x800.jpg",1200,800,true],"twentytwenty-fullscreen":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/Canada.jpg",1500,1000,false]},"qubely_author":{"display_name":"Premela R.","author_link":"https:\/\/www.americamortgages.com\/author\/premela-r\/"},"qubely_comment":0,"qubely_category":"<a href=\"https:\/\/www.americamortgages.com\/case-studies\/\" rel=\"category tag\">Case Studies<\/a> <a href=\"https:\/\/www.americamortgages.com\/commercial\/\" rel=\"category tag\">Commercial<\/a> <a href=\"https:\/\/www.americamortgages.com\/foreign-nationals\/\" rel=\"category tag\">Foreign Nationals<\/a> <a href=\"https:\/\/www.americamortgages.com\/purchase\/\" rel=\"category tag\">Purchase<\/a>","qubely_excerpt":"The client had come to us from an online search and told us that he spent 4 months working with traditional commercial lenders with the hopes of obtaining financing for their retail purchase.","_links":{"self":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/1339","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/comments?post=1339"}],"version-history":[{"count":13,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/1339\/revisions"}],"predecessor-version":[{"id":9749,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/1339\/revisions\/9749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/media\/2880"}],"wp:attachment":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/media?parent=1339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/categories?post=1339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/tags?post=1339"},{"taxonomy":"am_country","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_country?post=1339"},{"taxonomy":"am_audience","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_audience?post=1339"},{"taxonomy":"am_format","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_format?post=1339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}