Joseph JT Tommasso of Eastern Capital LLC Announces A New Focus On Commercial Bridge Lending for 2012 – Explosive Volume Anticipated in Major Markets
With the launch of a new focus on Private Bride Funding Eastern Capital announced today that the company aims to leverage current market conditions and finance up to $750 million in distressed commercial real estate projects while offering borrowers the most competitive rates and terms currently available for a Commercial Bridge lending product.
Atlanta, GA (PRWEB) December 15, Copyright 2011 – Eastern Capital, found on the web at Eastern-Cap.com, has announced that based on recent borrower requests and it’s ability to rapidly fund those requests that there will be a new emphasis on all types of Commercial Bridge lending in 2012, in addition to its unique portfolio of commercial lending products.
Eastern Capital is a leading Private Commercial lender that provides customized commercial financing solutions to real estate professionals, investors and end users taking advantage of current market opportunities.
“ Our primary goal is to provide secured commercial real estate and bridge loans quickly, efficiently, and at competitive rates. With over one hundred years of combined experience in commercial finance and real estate, the principals of Eastern Capital have the in-depth industry knowledge and experience to navigate the current market and provide value to both developers and real estate investors of all types.” says JT Tommasso, Eastern Capital’s Senior Member.
Eastern Capital offers borrowers a range of solutions including bridge loans, foreclosure acquisition lines of credit, construction loans, and debtor in possession financing on industrial, retail, office, self-storage, mobile home parks, industrial and other commercial properties in all major metropolitan areas nationwide. The company’s extensive experience with all asset classes enables it to underwrite, approve and fund loans within 5 days of the receipt of a complete loan application.
Eastern Capital’s loans are always structured to meet borrowers needs. Moreover, their 100+ years of combined experience in real estate finance, development, and management enables EC to act as an advisor as much as a lender. The principals of EC have originated, managed, or approved over $15 Billion in loans in commercial , office, retail, and industrial properties across the country.
Eastern Capital allows borrowers with assets to get the private commercial loans they need super-fast. Through the wholesale lending division, the entire Eastern Capital team specializes in providing existing bridge lenders and mortgage pool managers with up to $750MM in available capital. The program is designed to deliver secured, private funds in a streamlined process to real estate investors and developers as well as mortgage pool managers, end users and bridge fund managers..
“We are in the midst of a very challenging market and recognize that liquidity is scarce, that is where our commercial lending programs truly shine” says JT Tommasso. “We continue to strengthen Eastern Capital’s commercial lending offerings to provide an effective financing strategy to real estate owners, re-sellers and lenders on commercial assets looking for capital to leverage their business ”
Eastern Capitalhas funds available for investors, end users and industry professionals throughout the United States for commercial projects of all types. .
When it comes to getting a commercial real estate project funded or securing a much needed bridge loan in today’s tight markets, Eastern Capital offerings are unparalleled, and their professionalism is unmatched.
You can learn more about Eastern Capital at Eastern-Cap.com or by calling (855) 505-0508
About Eastern Capital
Eastern Capital. and its partners is an established portfolio lender for commercial real estate loans offering attractive financing solutions and pricing for unconventional and hard-to-place real estate loans across all 50 states.
Eastern Capital LLC 