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To Rent Or Buy: Knowing When to Buy A Commercial Space For Your Restaurant
When it comes to getting your restaurant off the ground, what’s even more important than a great concept and great food is a great location. A high traffic location located near or in retail centers...
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Tips for Entrepreneurs Venturing into Commercial Real Estate
Its always a bit daunting taking on a new project, especially one as large as a commercial real estate project. Whether you’re looking to get involved so you can cut costs, expand to a new or second...
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SOP Book Club: Appraisal Requirement for Commercial Real Estate, Business...
The SBA, like any guarantor, is concerned with protecting their investment, as well as hedging against any losses. One way the accomplish this is by confirming the value of the project/items being...
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Why You Want A Commercial Agent Handling Your Commercial Real Estate Deal
Many of our business clients are business owners buying commercial real estate for the first time. As newbies there are many things they don’t know, which can create some challenges if not addressed in...
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SOP Book Club: Properly Addressing Appraisal Reports
When it comes to packaging SBA loans details matter. One detail that is often overlooked, and which also cause delays, is an improperly addressed appraisal report. Acceptable reports must contain a...
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Remembering the “As-Complete” and “As-Built” Rule When It Comes To Appraisals...
Lenders, we’ve talked a great deal about appraisals under the SBA’s 504 program over the past few weeks. We’ve gone over the process of ordering appraisals as well as how to properly address...
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Transient vs Extended Stay Under SBA 504 Rules
With all of the economic development happening throughout Central Texas, hotels have become an increasingly hot topic in the SBA 504 realm. Hotels seem to be popping up everywhere, creating a saturated...
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Lease Income In SBA 504 Financed Owner Occupied Commercial Real Estate
The 504 program has many rules about the percentage of occupancy for the borrowing entity (or entities). Although the focus is on owner-occupied, and in helping small businesses improve their cash...
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Wyndham Garden River Walk Grand Opening
New San Antonio Hotel Built with SBA 504 Funds- Today Helena Hauk celebrated with friends and colleagues at the Wyndam Garden River Walk for the hotel’s grand opening. 5th Gear Consulting was an...
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