Churchill Commercial Capital funds $6.85 Million on 3 flex industrial buildings

Churchill Commercial Capital, Inc. (CCC), has recently funded three permanent loans on three individual flex industrial buildings in the Scottsdale Airpark. The combined loans of $6,850,000 replaced an existing bank note. New funding was provided through one of  CCC’s correspondent life insurance companies The loans featured interest rates in the mid to upper 4%  fixed for 10 years with  25 year maturity and amortization schedules. Each loan was produced on behalf of Churchill Commercial Capital by Craig Hoebing.

Churchill Commercial Capital is a commercial mortgage banking company established in 1994 who has closed over $3.1 billion in loans.  Churchill originates and services loans for its correspondent life insurance companies, and arranges debt and equity investments for owners of commercial and multifamily properties.