Current Home Lending Info Blog for Southern Nevada

While many of you may not have ever heard of Commercial Capital Group, Inc., it has been a company that I, David Schwartz, has owned the Las Vegas Franchise Rights to since 2006.  We provide commercial financing to all business owners and potential business owners in Southern Nevada, and anywhere else across the United States. 

We have been working on commercial financing for quite some time, and for those that follow the lending programs of the commercial world, are aware that Commercial Banking and Lending has become the Equivalent of The Residential Downfall two years ago.  For example, in Las Vegas alone, office leases in the commercial buildings are currently at a 27% vacancy.  That is an outrageous number, and because of the pitfalls of commercial real estate, many commercial banks have had to follow suit of the Residential counterparts of their day.  Many of the commercial lenders that most have gone to and depended on for so long are now turning down these same loans they have been funding for developers for decades.  In part, this has been what has been one of the major causes of the local banks shutting their doors.  With all of the construction loans the local banks took in, they were not able to keep their doors open due to insufficient ability of the construction managers to close on time, the developers to lease out their buildings, and the business owners to pull the numbers they were expecting to pull when they opened their doors.

While this may seem like it is the end of commercial real estate, it is actually commanding developers and business owners to open their eyes to the other options available to them that were always available, but never reviewed because for so long these same developers were able to rely on their long lasting relationships.  Now that these relationships have either closed down or are no longer offering the same terms or loans that have been made available, it has opened up a huge insight into the world of Commercial Loan Brokering.

I will give you some examples of some of our current loans that we are offering in the next few blogs, but first I would like to inform you of who we aer and what it is that we do.  Our branch here in Las Vegas has been open for three years, and  have focused in many different fields of commercial lending, including Office Condos, Office Buildings, Apartment Complexes, Raw Land, Unsecured Business Lines of Credit, Owner Occupied Buildings, and just recently Securities Funding, which allows for very quick funding, no requirement to liquidate your portfolios, and rates between 4 and 5%.  I will get into this in more detail in just a little bit.

Our company is the largest commercial mortgage broker in the U.S., with offices in all 50 states, and respect amongst all of the top commercial lenders, as well as working directly with hedge funds that we provide the sales staff for, and would not be attainable throughout going throgh the channels of Commercial Capital. 

Last year, while most commercial lenders and brokers were downsizing and having record low volume reports, we had a 200% increase in our volume, and originated well over $2 Billion Dollars.  We have a massive list of investors, both public and private, that we work with as well as fundings that we do in our own name which realy gives us the benefit of being flexible on some projects that require it.

Coming next, you will learn about two of our more popular products, and go into a little about our commercial real estate products as well.

To reach us, go ahead and contact the same phone number, which is 702-370-2116, however all commercial emails should be sent to our commercial account, which is David@ccgnv.com.  I look forward to working with you in the future on all of your commercial needs!

Best Regards,

David J. Schwartz

Direct  702-370-2116

David@CCGNV.com