Featured Post

The Big Show is Coming to Town.

Don’t do it…it’s a big mistake flipping homes can cost you a lot of money . Every week the house flipping circus comes to town and adve...

Thursday, September 28, 2017

Commercial Real Estate Loans in Texas Expected to Rise Due to Hurricane Harvey


2page_img4Many across the Lone Star State are looking for a helping hand, especially with commercial real estate Loans in Texas, after Hurricane Harvey hit. The hurricane brought record-breaking rain and floods causing 18 counties in the state to be declared disaster areas.

Relief efforts are already underway to rebuild southeastern Texas back up. Many have been impacted ranging from families to businesses to residential areas to commercial areas. A large number of people and businesses are in need of commercial real estate loans in Texas to get back on track after Hurricane Harvey ripped through their area causing not just property damage, but income loss due to being closed during the storm and during the recovery efforts.

Since so many are in need of commercial real estate loans in Texas to be able to start cleaning up the damage that Hurricane Harvey left behind, F.N.B Corporation announced last week that they donated more than $100,000 to relief efforts by the American Red Cross for those not just in Texas, but also those impacted in Florida by Hurricane Irma.

F.N.B. Corporation help not only fundraisers, but also earned donations from a combination of donations from employees and those from the actual corporation. The company went above and beyond to raise funds to help those impacted by recent hurricanes by matching $3 dollars for every dollar raised by their employees.

The need of commercial real estate loans in Texas to get back on feet may grow even more

It is still unclear just how much damage Hurricane Harvey caused, but as Business Insider reported, those at F.N.B Corporation has heard first hand from local banks and lenders just how devastating the damage is. It is going to take more time to fully understand how much damage was brought on by the category 4 storm. Because of this, F.N.B. Corporation’s president and chief executive officer, Vincent J. Delie Jr., is hoping that his company’s generous donation will inspire other to show their kindness and willingness to help those who have been impacted.

F.N.B Corporation doesn’t even offer commercial real estate loans in Texas, but want to help the area in any way that they can.

Even though F.N.B. Corporation doesn’t do commercial real estate loans in Texas, they do offer a full range of commercial banking to the eastern part of the country. They have 400 banking offices across the eastern part of the United States with assets totally $31billion dollars.

Dennis-Dahlberg-Mortgage-Broker-1_th

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701
clip_image002clip_image004clip_image006clip_image008

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

No comments:

Post a Comment