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Capstone News

Company Headlines
Capstone's Servicer Rank Raised to Above Average
Standard & Poor's Servicer Evaluation ranks Capstone Realty Advisors, LLC (Capstone) as ABOVE AVERAGE for management and organization, and loan administration as a primary servicer
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Capstone Ranks A Top Servicer by Freddie Mac
Capstone Ranks One of The Top Rated Servicers By Freddie Mac
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Servicing Management Magazine
Capstone featured in "Servicing Management Magazine" for our state-of-the-art technology that helps lighten the paper load - read more

Standard & Poor's Servicer Evaluation
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Current Capstone Deals - see all

Columbus: Capstone closed a $31,500,000 refinancing of an existing PPM loan for Crowne Plaza Hotel in Columbus, Ohio. The floating rate deal consisted of an initial funding of $24,000,000 with a $7,500,000 "renovation holdback" that can be drawn upon as renovation work is completed.


Cleveland: Capstone closed Hunter's Manor Apartments with Allstate Life Insurance Company. This Georgian designed apartment complex in Middleburg Heights, Ohio has a total of 192 units. The $9,825,000 loan has a 10-year term and 30-year amortization.


Cleveland: Capstone closed a $3,000,000 loan for Beta Business Mall, a 58,003 square foot office/warehouse property in Mayfield Village, Ohio. Sun Life Assurance Company of Canada funded the loan with a 5-year term and 22-year amortization.


Louisville: Greg Solomos closed a $4.3 Million loan for Prescotech Industries, involving three industrial buildings located in Louisville, Evansville, IN and Murfreesboro, TN. Sun Life provided the loan at 6.24% with an eight year term and 18 year amortization. National City Bank provided the interim financing and Capstone placed the permanent loan.

Capstone Lenders
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Today’s Top News Stories
January 06, 2009
 
 
Business
Logitech cuts jobs, abandons targets...
LG Elec aims at 10 pct rise in 2009 air-con sales...

World
U.N. agencies assess Indonesian quakes...

Sports
Men's Tennis: Top seed Djokovic upset in Brisbane...
Clippers acquire center Samb from Nuggets...

 

source Comtex News Network, Inc.

Financial
Dollar up to mid-93 yen in Tokyo...
Asian Markets Overcome Mild Selling Pressure To Close Higher...

White House & Politics
Obama to tap retired admiral as intel head...
Judge OKs more time to indict Blagojevich...

Entertainment
Polanski's lawyers accuse court of 'bias and prejudice' ...
Report: Arquette and Jane to divorce...

 

 

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