Terry Luker and Jeff Luker Launch the Commercial Loan Broker Association

Exciting times are ahead for the teams at Alternative Capital Solutions and Commercial Capital BIDCO! In order to fill a gap within the Commercial Loan Broker industry, Terry Luker and Jeff Luker – along with business partner Jon Cosentino of Fairwinds Commercial Capital – have launched the Commercial Loan Broker Association (CLBA). Terry, Jeff and Jon created the CLBA as a way for Commercial Loan Brokers to establish meaningful relationships with lenders and other brokers across the United States, increase their deal flow, as well as tap into thoughtful professional development and education opportunities. Using their combined experience of over a century within the CRE and Finance industries, CLBA’s main goal will be to drive broker success and strengthen broker + lender relationships.

Their inaugural CLBA Conference & Expo will be hosted in Orlando, Florida at the Hilton Lake Buena Vista at Disney Springs this October 1 – 3, 2024. The Conference & Expo will take brokers and lenders into deep educational dives covering industry trends, key strategies for growth, and new technologies that will benefit their businesses. Networking and exposition hours will allow for all attendees to connect, build relationships, and talk deals with contacts across the country.

Mark Sanborn will deliver the Keynote Address for CLBA 2024. Sanborn, President of Sanborn & Associates, has spent over 30 years cultivating extraordinary leaders. Sanborn is an international bestselling author and an award-winning leadership keynote speaker who has written eight books, including the New York Times and International Bestseller, The Fred Factor: How Passion in Your Work and Life Can Turn the Ordinary into the Extraordinary, which has sold over 2 million copies worldwide. His latest book is The Intention Imperative: Three Essential Changes That Will Make You a Successful Leader Today. The CLBA is thrilled to have him kick-off their first annual Conference & Expo.

Early Bird Registration for Broker and Lender attendees is now open! Sponsorship opportunities for the Conference & Expo are also available. Information for Registration and Sponsorships can be found on the website at https://clbassociation.com/conference-2024/.


Cash-Out Refinance Helps Client Pursue Projects on Raw Land

In December 2022, our client closed on the cash out refinance of an existing loan. The loan proceeds for this deal will be used to pay off not only current debt, but will also provide working capital for our client to pursue other projects. The collateral property is located in Nashville, Tennessee. While LTV for raw land is lower, we love working raw land deals because the possibilities for our clients are endless! 

Requested amount: $6,000,000  //  Property size at 120.57 acres of raw land  //  LTV at 35%