We’re happy you’re here! Check out some of our recent closings… • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • 7801 AZ-69 Prescott Valley, AZ 86314 Property Type: Commercial, Hospitality/Hotel …
May 2022: Market News Mash Up
Let’s dive into some developing stories…shall we? SINGLE FAMILY HOME SURGE Public officials across the U.S. are stepping in to regulations the surge in single-family house rentals as costs climb. According to Costar news, these government entities are going up again the investors snatching existing single-family houses to build new ones for rental purposes only. The combination of increased residential …
PRIVATE LENDING: Overpriced Capital? or Strategic Teammate?
As we all know, the first step in assessing a loan is the “who” and “how”. Usually, you have two options: a bank OR a private lender. At first glance, banks are usually the traditional and seemingly “cheaper” way to go, while private lending is often the unconventional seemingly “expensive” route. However, once you dig deeper into the opportunity costs, paperwork, and funding-time, …
Collateral-Based Lending
Private money loans – or simply “private money” – is a term used to describe a loan that is given to an individual or company by a private organization (source). What is collateral? Collateral can be used in these types of ‘private money’ loans to ensure a borrower will pay their loan back. These pieces of collateral are often homes, cars, …
What is an Appraisal…and Why is it Important?
What is an appraisal? How is it used? An appraisal is an unbiased estimate of the true value of what a property – whether land, distressed building, or recently constructed multifamily building – is worth. It’s used as an “objective way to assess market value and ensure that the amount of money requested by the borrower is appropriate” (source). Who appraises …
What to know about: Investing in Industrial
We have said it before, and we are saying it again here: the industrial sector is booming. Smaller retail businesses have been forced to pivot to online offerings, thereby limiting their physical brick and mortar presence. This means industrial activities, such as manufacturing, production, assembling, recycling, and research & development, are inevitably set to increase to fulfill the more abundant quantities …
Renting vs Buying A House In Arizona– Which Is The Better Option?
Being able to live in a place you can call home is probably one of the most liberating experiences ever. The house gives you a feeling of warmth, comfort, and stability, characteristics that are essential for our growth and progress as individuals. Buying a House in Arizona? Here’s What You Should Know If you are looking at buying a house …
Flipping Distressed Properties: How a Colonial Hard Money Loan Can Help You Generate Tangible Returns
Early one morning, Jackie Sheely received a call informing her of distressed real estate in Tarrant County, TX. The property was a two-story, 2,100 square feet duplex (on a 7,080 square feet lot) located at 1914 Nolen Ct, Arlington TX 76012, and had four bedrooms and two bathrooms total (i.e.: two bedrooms and one bathroom in each unit). Jackie Sheely …
Getting an Arizona Loan for Multi-use property: What you Need to Know
As we enter 2022, the effects of the COVID pandemic are gradually receding and the economy’s on a growth and recovery trajectory. The US economy is slated to grow at nearly 4 percent through next year, the fastest it has grown in over 15 years. Businesses across the country are looking to get back on their feet, and prospective homeowners …
Bridge Loans in Arizona: How Colonial Helped Post-COVID Entrepreneurs Bridge Their Property Finance Needs
With the country well on its way towards economic recovery after COVID, prospects in the Arizona property market have improved substantially. According to a Zillow study, home values have increased by a remarkable 33 percent over the past year, with a further 20 percent increase predicted to occur over the course of the next year. At the same time, new …