Recent Transaction - secures $12.5M Hospitality Refinance, San Jose, CA

NEWS RELEASE: September 8, 2022: Recent Transaction: Miami, Fl based, Clark Capital Funding Group secures $12.5M Hospitality?Refinance, San Jose, CA?

"We are having a record year with regards to overall fee production. We closed a number of transactions and the lion's share was focused on construction financing largely for multi-family and condominiums, which is really indicative of market conditions. We help secure several bridge-to-perm financings, which has been a popular product for people that are on high-leveraged loans at higher rates. The product enables them to refinance at no occupancy, take out there high cost construction financing to have a ramp up period to stabilize, and transition to an agency loan or some type of permanent financing ” says, Walt Clark, Chairman and CEO of the Miami, FL-based private lender.

About Clark Capital Funding Group

Clark Capital Funding Group is a leading nationwide private lender to the commercial real estate market, specializing in Debt/Equity loans, JV equity loans, bridge loans to owners, investors and developers in need of funding outside the scope of traditional banks and lenders. Formed with the mission to assemble the most highly creative minds in real estate lending under a single banner, the firm recognizes the importance of access to capital in turbulent times. Its partners, who have closed over $1.5 billion in loans this year, have the knowledge and insight to guide a borrower through the entire loan process, from initial review through closing.

Drawing from various resources, Clark Capital Funding Group offers loans from $3 million to $4 billion with the flexibility and creativity to review projects of every type — land, multifamily, office, retail, industrial, hotel, technology, oil & gas etc. — and to offer funding for almost every purpose — restructurings, discounted payoffs, purchase of notes and property improvements.

If you have projects seeking funding, come to us for help with your financing.

BROKERS ARE WELCOME TO SUBMIT PROJECTS

Call or visit us today for more information.

Walt Clark,

Chairman/CEO

Office (305) 432-5151, [email protected]