Deals

10TH MORTGAGE LENDING OPPORTUNITES

There are various off-market properties that 10th Real Estate manages, and we work with investors/buyers/portfolio managers, to assist in acquisition and financing.

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CLOSED AND SUCCESSFUL TRANSACTIONS

Closed in 6 days!

A building with a lot of windows and a blue sky in the background

Needed a rush refinance involving a war with the Attorney's at the Title company. No appraisal, cash close, won the battle with the attorneys!

$8MM Creative Commercial

A building with a lot of windows and a blue sky in the background

Refinancing a commercial construction project before it's complete can be tricky, especially if you plan to get a fixed rate near 7%. We were successful and saved this project despite numerous hurdles that had other banks saying no way.

Self-Employed Jumbo Loan

A large apartment building with a blue sky in the background

Our borrower was self-employed and could not show income on taxes or income statements. We funded it at a Non-Conforming rate, and closed in less than 30 days.

$2MM Multi-Family Apartment

A large apartment building with lots of windows and balconies

Purchased an OFF-MARKET Multi-Family project, providing Private Capital investors, and closed in 35 days. Then stabilized, and after 12 months, refinanced at 5.92%.

SOLD $1.5MM Warehouse

A large white and orange building with a lot of windows

Sold in 60 days, in the holiday season, for $100K above asking price.

SOLD $2.3MM Office

A white suv is parked in front of a large building

Sold for $500,000 above original list price.

$2.1MM Commercial Refinance

A large building with a lot of windows and awnings on the side of it.

$2.1MM cash-out refinance of a mixed use land/industrial property.

$250K Equipment Refinance

A room with a lot of pipes and fans in it

Cash-out refinance of used equipment for credit risk profile with tax liens.

SOLD Single Family Residence

The back of a white house with a screened in porch.

Listed on MLS, successfully negotiated multiple offers, and sold for $5K above offer price.

SOLD 11 Acre Land

A lush green field with trees in the background and a blue sky with clouds.

Under contract in less than 3 months.

$8.5MM Commercial Refinance

A large building with a lot of windows and a blue sky in the background

Refinance 62 unit apartment building, at 20% occupancy, in order to refinance interim loan into 20 year note at 5.50%.

Austin Commercial Condo

A tall building with many balconies against a blue sky

Represented Buyer of commercial condo, and successfully negotiated concession for quick sale.