Archive for January, 2010
Buying Commercial Notes
Pride of Austin Capital Partners has an investment entity that is purchasing commercial notes. The minimum is $2MM and the preferred maximum is $30MM although notes over $30MM will be considered.
Notes collateralized by:
Parking Garage
Condo Unit Inventory Loans
Warehouses / Distribution / Flex
Medical Office
Student Housing
CBD Office
Suburban Office
Grocery Anchored Retail Shopping Centers
Mixed Use [...]
Fund Activity January 2010
The following is a summary of the financial transactions for January 2010:
A commitment letter was issued for a $250K plus loan to a foreign national seeking to purchase a home in Houston
A commitment letter was issued for a $2.5MM loan to refinance a church in SE Texas
A commitment letter was issued for a $100K [...]
Austin Housing Market Gaining!
It’s important to remember that what happens in Austin and in Texas is not necessarily the experience in other parts of the nation. As a real estate investor I’d rather make a lower profit margin and get in and out of a property as opposed to buying a home for 10 cents on the dollar [...]