What is CommercialDeals.com?

CommercialDeals.com is an independent commercial real estate finance platform simply connecting borrowers (sponsors), brokers (advisory) and lenders (investors) on a transaction (deal) basis for debt (loans) and/or equity financing. The purpose of our site is to provide an unbiased and transparent platform for industry professionals to post and source financing requests for U.S. and international commercial real estate transactions. Transactions requiring financing may include components of acquisition, refinance, value-add (e.g., rehab, up-branding), development, subdivision, note purchase and REO.

We look forward to continually improving our site, and strive to remain technically correct in regards to industry terminology and our organization of transaction criteria. Your input in helping us achieve this standard is encouraged by writing openly to support@commercialdeals.com. Please also write out if you are interested becoming an investor in the CommercialDeals.com real estate finance project.


Is CommercialDeals.com a broker or lender?

CommercialDeals.com is NOT a broker or lender. We do NOT arrange, provide or endorse financing options. Rather, we simply connect the borrower and lender side to work on transactions independent of our platform. We do not charge commission, points or referral fees on transactions but rather have a small upfront cost associated with some of our leads.


I am a borrower or broker. How do I post my financing request for a U.S. or international commercial real estate transaction?

Simple – (1) Register or Login; and (2) click Post Loan to submit an intake form. There is no fee to post.
Borrowers and brokers are welcome to post. Your financing request will appear on the Leads page for brokers and lenders to review and, if interested, contact you directly via your registered information. Be sure to keep your registration contact information complete and updated via the My Profile link which you can find above when logged in.

For better results, in addition to submitting the intake form completely, be sure to also upload a property photo (.jpg or .gif format only). Posts which include a property photo will receive additional exposure via our Facebook and Twitter page. For assistance uploading a property photo, simply e-mail the photo attachment or website URL to support@commercialdeals.com after posting your financing request.


I am a broker or lender. How do I review and purchase leads?

Simple – (1) Register or Login; and (2) on the Leads page, simply click on any lead to view. Use search filters to narrow your lead search.

Viewing a lead will show all financing request information submitted by the borrower or broker who posted it with the exception of contact information and the subject property address (unless the lead is Free) – both of which will be available after lead purchase. To purchase a lead, click on the purchase link within the lead view to make secure payment via PayPal. If the "Lead Cost" is free, simply click on it when logged in to view contact information. 


May I be notified when new leads are available which fit my criteria?

You may opt-in for new lead e-mail notification by e-mailing support@commercialdeals.com. We will notify you each time a new lead is available. Unfortunately, we do not currently offer custom lead notification based on specific criteria.


What are my lead purchase options, and pricing?

You may purchase individual leads, discounted lead credit (does not expire), or a lead subscription to view unlimited new and old leads for a fixed period of time.

The “Lead Cost” for individual leads is noted on each lead. Note that some leads are free, simply click on them when logged to view contact information.

You may purchase discounted lead credit or a lead subscription on the PayPal payment screen below. Current pricing is reflected below.


     


To access the PayPal payment screen in order to purchase lead credit or a lead subscription, simply on the "Purchase Lead Credit/Subscription" link on the Leads page when logged in.


How many people is each lead sold to?

There is no limit, and the number of “Lead Sales” are noted on each lead.


What are “Unique Views” noted for each lead?

Unique Views are the number of different people who viewed the lead. For example, if one person views a lead several times, Unique Views increases by 1 count.


Are old leads noted when closed or no longer seeking financing?

Unfortunately, we don’t have the capacity to follow up with every transaction to advise on financing status. Old lead contacts may or may not still require financing for the subject transaction posted, and may or may not require financing for new transactions. You are encouraged to contact them to find out.


Have there been testimonials of closed deals?

Unfortunately, we don’t have the capacity to follow up with every transaction to advise on successfully secured financing via a connection on the CommercialDeals.com platform. If you close a transaction sourced on CommercialDeals.com, or know anyone who has, please inform us. There will be no closing free from CommercialDeals.com. In fact, we’ll reward you with either complimentary lead credit or advertising for helping us obtain a testimonial.


What’s the difference between Conventional and Private Money financing?

“Conventional” loans typically refer to debt financing with the following characteristics:

a) priced in a lower range (e.g., 4-8%) of available financing from conventional sources (e.g., banks, institutions, insurance companies, pension funds, HUD, and government-sponsored enterprises such as Fannie Fae and Freddie Mac) because they constitute safer investments than private money transactions. Conventional financing includes both amortizing permanent and interest-only bridge loans, and offers higher maximum leverage (up to 75-80% Loan-to-Value or Loan-to-Cost) for longer terms (up to 30+ years; HUD has offered 40 year loans).

b) standard closing time frames (e.g., 45 to 90 days) subject to due diligence (i.e., appraisal, environmental, engineering, title and other 3rd party reports). However, some conventional sources may take significantly longer to close (e.g., HUD).

“Private Money” loans typically refer to debt financing with the following characteristics:

a) priced in a higher range (e.g., 9-16%) of available financing from private (and generally less regulated) sources (e.g., hedge funds, private equity firms, high net worth individuals) because they constitute riskier investments than conventional transactions (and as such, may also require additional real estate collateral). Although more expensive than conventional financing, borrowing private money is usually cheaper than adding new equity partners to solve a cash infusion requirement. Private money financing typically takes the form of interest-only bridge loans, and offers lower maximum leverage (up to 65% Loan-to-Value or Loan-to-Cost) for shorter terms (up to 3-5 years). In addition to debt, mezzanine financing (i.e., hybrid debt/equity subordinate financing with recourse to ownership equity interest) is considered to be private money and involves aggressive pricing (e.g., 12-25%).

b) expedited closing time frames (e.g., up to 45 days) subject to due diligence (i.e., appraisal, environmental, engineering, title and other 3rd party reports). Private money is often used for its funding speed which may be critical in certain circumstances (e.g., 1031 exchange transactions, purchase agreement closing deadlines, prevention of foreclosure).

**Note that these are only very general guidelines. Actual terms, pricing and closing time for both Conventional and Private Money financing secured may vary considerably and are dependent on many factors for any particular transaction including: leverage, cost basis, evaluation of underlying security and asset, sponsorship, market conditions, exit strategy and capital source.


What are Special-Purpose properties?

We organize commercial property assets into 10 general property type categories: Agricultural, Healthcare, Hospitality, Industrial, Land, Mixed-Use, Multifamily, Office, Retail and Special-Purpose. Each property is then further categorized as a property subtype (e.g., Student Housing is a subtype of the Multifamily property type).

Special-Purpose properties are non-core assets which are appropriate for one use or limited use. Special-Purpose properties include but are not limited to Adult Entertainment, Auto Dealership, Bar/Grill/Restaurant, Bowling Alley, Campground, Car Repair/Mechanic, Carwash, Church/Religious, Coal Mine, Funeral Home, Gas Station, Golf Related, High Risk Environmental, Landmark, Marina, Movie Theater, Parking Garage, Sports Complex, Theatre/Performing Arts, School and Hostel. Also included in this category is High-End Residential due to its special residential nature that private commercial lenders may value.

Your input in regards to accurate commercial property classification is encouraged by e-mailing support@commercialdeals.com.