By Milton Franklin
Founder and President
Commercial Mortgage Exchange, Inc.
Photo illustration Karen Steichen
In the decade since the Great Recession began and left a severe impact on the financial world,
commercial real estate financing has undergone many evolutionary procedural changes. At first
glance, this might be a bad-news scenario. As with most obstacles to humankind and its expansion,
however, remedies to this unique situation gradually developed. What exists today is a
pick-and-choose financing environment available to those with the insight and the wherewithal
to visualize, comprehend and utilize these new opportunities. It is now possible for commercial
mortgage brokers to help borrowers custom-tailor a loan-financing scenario to smoothly transition
from short-term to long-term financing when needed for projects with long life expectancies.
Visualize a project’s bigger picture to
capitalize on nontraditional financing