August 25, 2012

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Brad Cox – CRE Loans – Life Insurance Company Lender Correspondent

BRAD COX, CCIM, CPM, Senior Vice President with Thomas D. Wood and Company, understands where to find capital in today’s commercial real estate market, helping clients add value to their properties, resolve debt-related issues and closed transactions quickly and efficiently.

Thomas D. Wood and Company specializes in arranging capital for commercial real estate investors.  Loan sizes are $500,000 and up.  Fixed rate terms of 3-5-7-10-15 or 20 years can be structured.  They have been a very active Florida based commercial mortgage banker for the past 38 years with six offices, over 30 employees and a loan servicing portfolio exceeding $1.2 Billion.  A number of active life insurance company lenders have been represented for many years and the company also has solid relationships with community banks, private lenders, and portfolio lenders.  Contact BRAD COX at 941-552-9731 (Sarasota) for additional information on lenders, client testimonials and recent closings.

August 24, 2012

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Joe Arie – Fidelity Bank – CRE Loans to Business Owners

Fidelity Bank – a National SBA Preferred Lender and National SBA 504 1st Mortgage Pooler provides commercial real estate loans to business owners, and is a $2 billion bank based in the southeast.  Fidelity Bank is financially strong and actively lends to business owners for the purchase, refinance and construction of business owned properties.  Loans range from $500,000 to $12,000,000.  Please contact JOE ARIE at 407-690-8292 to discuss you or your clients needs.

August 24, 2012

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Michael Boggiano Joins Auction.com

Miami Skyline   MICHAEL BOGGIANO has joined the online       real  estate marketplace Auction.com.  Commercial assets are sold through Auction.com Commercial’s Private Client group.  Commercial real estate dispositions include stabilized, income-producing commercial properties, non-performing, sub-performing and performing notes, and REO properties.  Assets are currently being accepted for the October and November auction events.  Contact Michael directly at 305-503-2648 for additional information.

August 24, 2012

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Pete Powell – Collateral Logistics Systems

PETE POWELL is the owner of Collateral Logistics Systems and is an experienced CRE Due Diligence Executive. Pete has  21 years of specialty consulting experience relating to CRE & CMBS loan negotiations and due diligence, integrated with IT management and development.   Pete is seeking professional consultancy assignments specializing in full due diligence solutions and commercial real estate loan negotiations for institutional investors and commercial banks.  Contact Pete at 561-705-5100 for additional information.

August 13, 2012

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Rob Spector – First Citizens Bank – Purchase & Refinance Lending Products

ROB SPECTOR is a Business Banker with First Citizens Bank specializing in owner occupied commercial real estate loans. Rob can offer a 7 year fixed rate at 3.85% / 20 year amortization with a loan to value of 85%. 10 year and 15 year fixed rates are also available based on credit and deposit relationship. If you or anyone you know is looking for a purchase or refinance lending product, contact Rob at 561 542 4806.

August 11, 2012

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Stonegate Bank Reports Net Income of $2.2 Million for 2nd Qtr 2012

Second Quarter 2012 Highlights:

  •  Net income of $2,250,000 for the second quarter of 2012
  • Total assets grew to $906 million from $839 million year over year
  • 26 straight quarters of profitability
  • 4.02% June net interest margin
  • Tier 1 risk based capital ratio of 16.38%
  • Total organic loan growth was 12% year to date

FORT LAUDERDALE, Fla.  (July 18, 2012)Stonegate Bank (OTCBB: SGBK) reported net income of $2,250,000 or 27.3 cents per share in the second quarter of 2012, as compared to net income of $5,736,000 or 69.9 cents per share in the second quarter of 2011. The Bank earned $4,491,000 or 54.5 cents per share for the first six months of 2012, as compared to $7,183,000 or 87.1 cents per share in the first six months of 2011.

Income and Expenses:

Total interest income increased from $9.3 million in the second quarter of 2011 to $10.1 million in the second quarter of 2012. This $800,000 increase is largely due to an increase of $101 million in total loans period to period. Total interest expense decreased minimally to $1.87 million for the second quarter. This occurred even though total deposits increased $53 million period to period. This resulted in net interest income improving from $7.3 million in the second quarter of 2011 to $8.2 million in the second quarter of 2012….read the complete earnings release

August 9, 2012

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Maximum Insurance Adjusters – Career Opportunities Announcement

Maximum Insurance Adjusters looking to hire energetic and highly motivated individuals with strong sales skills to train as Insurance Claim Specialists. Candidates must be outgoing and confident. Previous sales or insurance experience preferred but not necessary.

Maximum Insurance Adjusters is a leading Florida-based public adjusting firm. We help property owners with their insurance claims and advocate on their behalf. We provide hands-on training, mentoring, and full access to our support staff. We also provide tried-and-true marketing support techniques, training, and sales analysis for each Insurance Claim Specialist.

Candidate must complete the Florida public adjuster training course within 30 days of hire and take Florida PA exam within 30 days of course completion.

Insurance Claim Specialists have tremendous earning potential! This is an exciting career with a wealth of opportunity. Contact us if you are interested: ilana@MaximumInsuranceAdjusters.com or call (954) 923-3665.

August 5, 2012

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List Your Commercial Real Estate “Haves & Wants” Here

Do you have information about the loan types your bank offers, do you need a funding source for a particular project, or do you have a commercial real estate listing you’d like to share with the members of The Loan Committee™?   Post your “Haves & Wants” here.  It is absolutely free!  Check the Member “Haves & Wants” page to see the three ways to submit your information.

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