StackSource Announces Special Fee Pricing Promotion for Stabilized Commercial Mortgage DealsBy: StackSource NEW YORK - June 21, 2023 - PRLog -- StackSource, a leading commercial real estate financing company, is pleased to announce a special fee pricing promotion as a gesture of appreciation to commercial real estate investors. Following the recent pause on short-term rate hikes by the Federal Reserve Open Market Committee, StackSource is offering a reduced fee of 40 basis points for stabilized commercial mortgage deals over $10 million. This represents a significant reduction from the typical senior debt fee of 1%.
"We understand the challenges faced by real estate investors amidst inflation, rising rates, and the withdrawal of many banks from commercial mortgage origination," Through StackSource's special fee pricing, investors gain access to the most competitive senior lenders in the market, including banks, CMBS, agencies, and a network of over 20 life insurance companies. By simply submitting a property address and basic information through the StackSource portal, investors can instantly match with lenders based on their specific preferences, such as sizing, recourse, and other potential loan terms. "At StackSource, transparency is at the core of our values," emphasizes Milazzo. "When we say 40 basis points, that is the end of the story—no hidden yield spreads or lender referral fees. We pride ourselves on being the only truly transparent financing portal in the industry." Maarten D., a satisfied client, shares his positive experience: We were thrilled to work with StackSource on our 115,000 sq. ft. office refinance. The process for receiving quotes from multiple competitive lenders was simple, and my Capital Advisor, Huber Bongolan, was extremely knowledgeable. I ultimately closed with the lender with the best combination of rate and flexible terms, which included no pre-payment penalty." It is important to note that this special fee pricing promotion is subject to terms and conditions, and financing requests must be submitted by July 26th, the date of the next Federal Reserve meeting, with closing to occur within 90 days. StackSource remains dedicated to helping real estate investors navigate these uncertain times and looks forward to serving their financing needs. https://www.youtube.com/ End
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