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Century Capital Partner LLC closes an $800,000 Deal on a Highly Prized Corner in Elizabeth, NJ. The location is 501-507 East Jersey, Elizabeth, NJ., and 108 5th St. The plan would be to construct 7 rentable properties. The property has a Net Operating Income (NOI) of $120,000 a year and the Property Value of over $3,000,000 which is 25% of the Loan-To-Value (LTV) Broker was paid $16,000.00 upon closing. For construction loan deals we are gladly here to help you finance, please get in touch with Victor Cohen at 201-880-7850 ext 102 or send an email at victor@centurycapitalfinance.com

Century Capital closed a construction loan deal of $480,000 on Magic Center LLC, in 410 Home Service, LLC located in Paterson, New Jersey. The 2-story commercial property will be renovated for commercial renting purposes. The Magic Center Barber Shop operates in the busy location of Paterson, NJ. The after-repaired value would cost as of now $800,000. For your construction loan deal we would gladly be here to help you finance, please get in touch with Victor Cohen at 201-880-7850 ext 102 or send an email at victor@centurycapitalfinance.com

February, 2021. In rural Georgia there is a picturesque property with a single-family home and a guest house. However, its potential is so much more with its almost 25 acres– which includes a gorgeous lake. It is also home to a banquet hall, covered pavilion, and a full-size arena for rodeo competitions. This made it both a commercial and residential property, making the process to get a loan impossible… or so it seemed… until HardMoneyMobile.com was successfully able to close the deal! Broker was paid $6630 at closing.

The Ridley Tower, located in the Downtown Commercial Historic District in Marion, Indiana, is just one of the 52 buildings that was established as historic in 1994. This much needed loan from Visana Capital will finally keep the building off the Indiana Landmarks Top 10 Endangered Buildings list. The improvements will enable the building to house 29 apartment units as well as commercial space and even common areas in the basement. This historic building is going to be home to a new restaurant with available parking as well. The building has been described as “beautiful and one of a kind” and Visana Capital is happy to help it reach its potential.   $10,000 Broker’s commission was paid at closing.   Please kindly consider us for your next deal. Please call Victor at 212-873-2200 x102.

New York City, NY., November 17, 2020 – HardMoneyMobile.com, a leading provider of asset-backed loan solutions, closed a loan on a nail salon in Jersey City, NJ.

The contracted purchase price was quoted at $820,000, but Hard Money Mobile appraised the purchase at $780,000 – giving a $40,000 advantage to the borrower.

Hard Money Mobile, LLC is giving a construction loan to good-hearted long-time area coach Thurston Jackie “T.J.” Robinson and his wife Charlotte Robinson – two hard-working people with a can-do attitude and a career track record of business and professional successes who are now giving back to the community.

They are taking on a massive project to give at-risk teens a place to play basketball and reach the heights of the NCAA and beyond. The efforts to build the T.J. Robinson Life Center is spearheaded by Charlotte, who envisions a center that would attract out-of-town basketball, soccer, and volleyball tournaments, boosting the local economy.

Hard Money Mobile is committed to helping the community in valued projects that help lay the road for a better future.

A broker’s fee of $30,000 was paid at closing.

HardMoneyMobile.com, a leading provider of asset-backed loan solutions, announced that Elliot Auerbacher has been named Chief Executive Officer. Auerbacher has more than 20 years of experience financing commercial real estate, including his role as VP of Originations at Northmarq.com and Greystone.com. “I am very excited to be joining the HMM team,” said Auerbacher. “I believe HMM has a great business model and a talented management team that is uniquely positioned to capitalize on the changing environment.” Hard Money Mobile is a private commercial real estate lending company specializing in short term asset-based loans. It recognizes that each loan presents unique circumstances and therefore we place emphasis on innovation and efficiency, working closely with our clients to ensure project funding. A leader in the realm of direct lending, its closing times typically within two weeks, and a funding commitment issued within 48 hours. Founded over 20 years ago with the goal of mutually beneficial business closings, HMM has closed hundreds of loans and accumulated a base of thousands of customers. Visit them at www.HardMoneyMobile.com

The subject property is improved with a retail/residential building containing ±13,060 gross square feet and 12,660 rentable square feet. The building is presently occupied by the owner, doing business as Rocco’s Tuscany Grill, and four other tenants, including a luxury apartment. A broker’s fee of $18,500 was paid at closing.