According to First Financial Capital, this may be an appropriate time to invest in real estate in the area, as property values are expected to rise.
Los Angeles, CA (PRWEB) February 02, 2016
According to a recent article published January 20th in the Los Angeles Times, Los Angeles based commercial real estate lender First Financial Capital notes that the Inglewood neighborhood is experiencing an unprecedented level of commercial demand in relation to recent news announcing the relocation of the St. Louis Rams to the area. They explain that this investment attention has also been bolstered by the development of a new football stadium in the area, which is expected to attract consumer activity and traffic from out of town. In fact, the neighboring area, nearly 300 acres, will feature office space, shops, restaurants, and entertainment options. According to First Financial Capital, this may be an appropriate time to invest in real estate in the area, as property values are expected to rise.
Furthermore, First Financial Capital explains that they are a fully funded commercial real estate lender, and they are able to provide real estate loans up to $25 million with favorable loan-to-value (LTV) ratios. The group notes that a healthy LTV ratio is extremely important for a successful loan agreement, as one that is significantly lower than the appraised value of a building can prevent the borrower from closing on that specific property. They continue to highlight some of their qualities that investors may look for when applying for commercial real estate loans in the Los Angeles:
Promising Terms – First Financial Capital notes that, to be successful, a direct lender is not simply required to offer a borrower loan terms that are less favorable than they need to be. The lender adds that it only succeeds when its borrowers succeed, so they make sure that they only offer loans on commercial real estate that will be able to be paid off in a responsible way. Additionally, the firm notes that they do not lock-in borrowers with pre-payment penalties, so they are free to repay the loan as quickly as they wish.
Quick Funding – For commercial buyers who are interested in a loan from First Financial Capital, but are concerned about the firm’s ability to deliver resources in a timely manner, the firm assures that its borrowers receive funding within two weeks of approval.
First Financial Capital notes that they have a significant number of repeat borrowers who know them as the go-to lender whenever they need funding for a number of special-purpose property types, including gas stations, car washes, apartments, and, vacant office buildings. For more information, or to start the loan application process today, business and real estate owners can call First Financial Capital at (310) 694-5060, or visit them online at http://www.FirstFinCap.com. (Broker license number: CA DRE 01523939)