Legacy Lending Partners

?? JUST CLOSED! ?? Another strategic refinance secured—helping business owners unlock cash flow and invest in their growth! We helped on an 85% CASH-OUT REFINANCE AT AN INCREDIBLE RATE OF 5.75%. No Bank Origination Fees and No Prepayment Penalty. Need incredible results financing for your business? Let's make it happen. ?? #justclosed #businessfunding #cashoutrefinance #commercialloans #truckrepairshop

Chicago and Texas continue to dominate corporate facility investments, securing top spots in an annual ranking by Site Selection. In 2024, Chicago led all U.S. metro areas with 582 qualifying real estate relocation and expansion projects—its 12th consecutive win—despite economic challenges. The Dallas area followed with 489 projects, while Houston secured third place with 435. Texas claimed the Governor's Cup for the 13th year, boasting 1,368 projects, far outpacing Illinois (664), Ohio (565), and California (323). ?? Read more: https://lnkd.in/gvTuaZXM #commercialrealestate #corporatein

?? JUST CLOSED! ?? Another strategic refinance secured—helping business owners unlock cash flow and invest in their growth! We helped on an 85% CASH-OUT REFINANCE AT AN INCREDIBLE RATE OF 5.75%. No Bank Origination Fees and No Prepayment Penalty. Need incredible results financing for your business? Let's make it happen. ?? #justclosed #businessfunding #cashoutrefinance #commercialloans #truckrepairshop

The U.S. government is launching "Space Match," an initiative by the General Services Administration (GSA) to help federal agencies secure office space efficiently, similar to corporate coworking models like WeWork. The app connects federal workers returning to in-person work post-pandemic with available office spaces, aiming to optimize real estate usage and reduce costs. The process can take as little as 30 days, but it's limited to those working for the federal government. This follows President Trump's order for federal employees to return to the office full-time, raising questions about available workspace in Washington, D.C.'s tight market. ?? Read more: https://lnkd.in/dVR_Cu9i #spacematch #coworking #governmentworkspace #federalemployees #officeflexibility #washingtondc

January saw a significant boost in U.S. hotel performance, driven by special events and weather-related impacts, according to Isaac Collazo, senior director of analytics for STR. Major events like Inauguration Day and the College Football Playoff National Championship pushed hotel rates and occupancy in Washington, D.C., and Atlanta, while wildfires in L.A. and the effects of Hurricanes Helene and Milton impacted 17 markets nationwide. However, when excluding these event-driven markets, RevPAR growth was only 1.8%, a drop from December. Despite high demand and average daily rates, Collazo noted that the U.S. hotel industry has yet to recover fully when adjusted for inflation. ?? Read and listen more: https://lnkd.in/gnjkqS7u #hotelindustry #hospitalitynews #revpar #hoteldemand #traveltrends #hospitalityanalytics #hotelbusiness #lodgingindustry

In 2023, U.S. hotel revenue per available room grew by 1.8%, primarily driven by a 1.7% increase in average daily rates—both falling short of inflation. Across hotel classes, midscale and economy hotels saw declines in ADR, while the other categories experienced modest rate increases of less than 2%. ?? Read more: https://lnkd.in/gqRGpZ-2 #hotelindustry #hospitalitytrends #hotels #revenuemanagement #traveltrends #lodgingeconomics

?? Just Closed! ?? Another successful deal in the books! We're thrilled to announce the closing of a $3,300,000 conventional refinance loan for an independent hotel in Minneapolis, MN. Helping businesses secure the right financing solutions is what we do best! Ready to explore your options? Let's talk! ???? #justclosed #hotelfinancing #commercialloans #businessgrowth

Federal Reserve Chairman Jerome Powell testified on the Semiannual Monetary Policy Report, stating there's no immediate need to adjust interest rates. The U.S. economy grew by 2.5% in 2024, with strong consumer spending and solid corporate investment, though the latter dipped in Q4. The housing sector stabilized after mid-year challenges. The labor market remains resilient, with an average of 189,000 new jobs added monthly over the past four months, despite fluctuations. Unemployment held steady throughout 2023, dropping to a low 4% in January. ?? Read more: https://lnkd.in/gmRhEbJw #federalreserve #jeromepowell #monetarypolicy #economicgrowth #interestrates #usjobs #housingmarket #stockmarket #finance #economy

Efforts to cut federal costs by reducing the government's workforce and office space may face significant obstacles in Chicago, according to real estate experts. While allowing expiring leases to lapse is straightforward, terminating active contracts is challenging due to strict and costly cancellation policies. Additionally, selling federally owned properties presents difficulties, as many are outdated, have specialized uses, or come with security concerns. ?? Read more: https://lnkd.in/gDvMWR_M #federalspending #governmentcuts #realestatechallenges #chicagomarket #taxdollars #propertymanagement

Christian Ulbrich, CEO of JLL, highlights the ongoing recovery of the U.S. real estate market, emphasizing that key supportive factors will have a significantly greater influence on its growth than the impact of U.S. tariffs on steel and aluminum. #realestate #marketrecovery #economicgrowth #jll #commercialrealestate #housingmarket #steel #aluminum #propertyinvestment