Chicago, IL (PRWEB) April 28, 2012
Clopton Capital, a secondary market commercial real estate lender which provides commercial loans for income producing properties nationwide, is announcing the expansion and addition of lending options for operators and owners of hotel properties.
Recently, as a result of the addition of a nationwide construction commercial loan program, the company is seeing a drastic increase in request volumes for flagged hospitality construction projects. "This program promises to fill a gap in the market place that has existed for years. Right now there is just no where to go to find hospitality construction and we are very excited to do so. We are expecting a huge increase in loan production this year, much of it coming from this product,” said Jake Clopton, the founder of Clopton Capital.
"Clopton Capital ranks as one of the most active and dynamic commercial real estate finance firms providing lending options nationwide for income producing properties. Offering commercial mortgages, construction loans, bridge loans, and CMBS loans to borrowers for a diverse range of property types and ownership structures, Clopton Capital has the capability to meet almost any lending needs of property owners and managers," said Matt Reed an associate of Clopton Capital.
Clopton Capital's future plans involve wholesaling use of their nationwide construction loan program and using profits from said construction loans to expand their Chicago-based operations. The firm believes that commercial mortgage backed security loans and construction loans will be a significant part of their future revenue. The firm is also reinvesting profits into streamlining the existing websites, systems and platforms used to serve their own clients. This is part of their plan to achieve their goal to double in size within the next 18 months.
Clopton Capital can be reached by phone at 866.647.1650. Any business owners of commercial real estate holders interested in obtaining working capital or some form of a business loan our encouraged to contact the firm at CloptonCapital.com.