TowneBank Commercial Mortgage provides instant access to capital markets for commercial real estate. Under the leadership of David J. Beatty, President, over $1 billion in commercial income property mortgages have been funded through numerous capital market sources.
• Provides low-cost funding
• Fixed rate, long term and non-recourse financing
• Funding in the $500,000 to $75 million range
• VHDA approved mortgage banker
• FANNIE MAE, HUD and Freddie Mac
• SBA loan agent & originations
• Tax-exempt bond financing
• Low income housing tax credits
All asset classes; multi-family, shopping centers, hotel or motel, medical offices, warehouses, mini-storage facilities, or specialty retail store, TowneBank Commercial Mortgage can help by providing low-cost capital sources.
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