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 headquartered
Pangea Mortgage Capital ("PMC") recently provided funding for the acquisition and repositioning of a retail community center located in suburban Cleveland. With PMC's loan, the Borrower will be able to execute on their business plan increasing its value potential. Chicago, IL, July 21, 2021 --(PR.com)-- Pangea Mortgage Capital (“PMC”), a nationwide commercial lender headquartered in
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
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 experienced real estate professionals to provide up to $6.8 million in financing
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 days from term sheet signing. The loan
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 a hotel project in Canada.