Select Commercial Funding, LLC Provides Motel Loan for $892,500 commercial property located in Cannon Beach, OR
Atlantic Beach, NY -- (ReleaseWire) --11/11/2011 --Select Commercial Funding, LLC announced on Thursday, November, 10th, 2011, that it originated a $892,500 loan for the refinance and working capital of Inn at Haystack Rock, a 7 unit Motel located at 487 S. Hemlock St., Cannon Beach, OR.
Stephen A. Sobin, president of Select Commercial Funding, LLC provided the Oregon borrower with a 25 Year Fixed rate. The loan featured a 25 year amortization.
Select Commercial Funding, LLC specializes in Motel loans and commercial mortgage loans nationwide.
About Select Commercial Funding, LLC and President Stephen A. Sobin
Stephen A. Sobin, has over 25 years of mortgage banking experience. His understanding of the market, underwriting skills, and in-depth knowledge of lender’s requirements guarantee that our clients receive the very best terms available in the market.