Pangea Mortgage Capital recently provided funding for the acquisition of a three-asset hotel portfolio in Oregon, closing in just 15 days. The quick close allowed the borrower to begin to execute on his plan to convert the hotel portfolio to multifamily housing. Chicago, IL, August 16, 2021 --(PR.com)-- Pangea Mortgage Capital (PMC), a nationwide commercial lender [...]
Pangea Mortgage Capital recently provided funding for the acquisition of a three-asset hotel portfolio in Oregon, closing in just 15 days. The quick close allowed the borrower to begin to execute on his plan to convert the hotel portfolio to multifamily housing.Chicago, IL, July 21, 2021 --(PR.com)-- Pangea Mortgage Capital (“PMC”), a nationwide commercial lender headquartered [...]
Chicago, IL, January 09, 2018 --(PR.com)-- Pangea Mortgage Capital (“PMC”), a nationwide commercial lender headquartered in Chicago, Illinois, closed a $5.0 million loan for the refinance of a shopping center located in the greater Chicago metro. On December 29, 2017, PMC worked with an experienced owner and operator to refinance a defaulted CMBS loan in just [...]
Pangea Mortgage Capital funds two deals comprising of property in California, Colorado, and Illinois. Chicago, IL, November 07, 2017 --(PR.com)-- Pangea Mortgage Capital (“PMC”), a nationwide commercial lender headquartered in Chicago, Illinois, announced its recent closings of two deals totaling $7.8 million in loan proceeds across three properties located in California, Colorado, and Illinois.PMC worked with [...]
Pangea Mortgage Capital (“PMC”) Closes $1.0 Million Deal Chicago, IL, September 06, 2017 --(PR.com)-- Pangea Mortgage Capital (“PMC”) is pleased to announce the closing of a $1.0 million loan to finance the construction of two condominium units located in Chicago’s Lakeview neighborhood. On August 8, 2017, PMC closed a construction loan in less than 20 business [...]
Pangea Mortgage Capital funds hotel in Canada. Chicago, IL, August 30, 2017 --(PR.com)-- Pangea Mortgage Capital (“PMC”), a nationwide commercial lender headquartered in Chicago, Illinois, announced today the closing of a $10 million loan for the funding of a hotel located in Canada.PMC worked with an experienced real estate developer and sponsor who needed liquidity for [...]