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Spectrum Commercial Lending

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Spectrum Commercial Lending Closes 2012 Strong

Spectrum Commercial Lending, a non-bank California commercial lender announced that they provided financing for over $20M in commercial real estate projects for the month of December in 2012.

Irvine, CA, January 08, 2013 --( Spectrum Commercial Lending, a leader in owner-user commercial real estate financing was very pleased to close 2012 so strong. The Company was thrilled with how the whole year had gone, but to finish up the month of December closing over 16 projects in excess of $20M was better than expected. November had been an especially strong month as well, with a highlight project being Spectrum providing one of their clients 90% loan to value financing on a $11.2M commercial real estate purchase in Los Angeles. They also brought on additional Business Development Officers in Southern California as well as Northern California, which Spectrum believes will give them even more depth in the marketplace. With January already poised to be much stronger than the same time last year, Spectrum is very optimistic heading into 2013.
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Spectrum Commercial Lending
Mike Muetzel

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