CCB Funds Medical Facility in Irving, New York With $3MM Refinance Loan
A thriving medical facility in Irving, New York was looking to refinance their existing debt so that they could better serve their client-base with necessary upgrades as well as for payroll supplementation and future expenses. With a LTV of 16%, our Commercial Capital BIDCO team was able to quickly work with the client to secure a $3,000,000 loan. From loan submission to underwriting and packaging the deal, we were able to get to the closing table in a little over a month. We appreciate our client and their trust in our team to close this deal the CCB way.
Did you know that Commercial Capital BIDCO can provide funding across multiple industries including Medical / Healthcare, Retail, Single Family and Multi-Family, Automotive, Industrial, and many more? Let our team review your deal today! Click here to submit a loan inquiry on our website today to get started.
Commercial Capital BIDCO Takes Ownership of Fair Winds Commercial Capital
Fair Winds Commercial Capital announced earlier this week that the company has officially reached an acquisition agreement with Commercial Capital BIDCO, a national direct lender and industry leader in small-balance bridge loans and direct lending products. Effective immediately, this transition aligns Fair Winds with a broader national platform while maintaining its commitment to high-quality service and tailored financing solutions.
Jon Cosentino, founder of Fair Winds Commercial Capital, expressed confidence in the company’s future under Commercial Capital BIDCO’s leadership.
“Terry and Jeff Luker have built an exceptional company with Commercial Capital BIDCO and have also played a pivotal role in advancing the commercial lending industry alongside me through the co-creation of the Commercial Loan Broker Association,” said Cosentino. “I am confident they will continue to serve the Fair Winds client base with the same level of integrity, professionalism, and service excellence they are known for.”
Clients of Fair Winds Commercial Capital will benefit from expanded resources, enhanced lending capabilities, and continued access to best-in-class funding solutions through Commercial Capital BIDCO and their group of affiliated commercial real estate companies.
Terry Luker, Owner and CEO of Commercial Capital BIDCO, welcomed Fair Winds clients to the organization.
“On behalf of Jeff, myself, and the entire Commercial Capital BIDCO team, we are pleased to welcome Fair Winds Commercial Capital clients,” said Luker. “We look forward to strengthening existing relationships and building new ones as we move forward together.”
Clients and partners of Fair Winds Commercial Capital can expect a seamless experience as operations shift to Commercial Capital BIDCO.
CCB Closes Cash Out Refi Deal for New York Warehouse
We are excited to share the June 2025 closing of a cash out refinance for our warehouse customer in Brewster, New York. This owner-occupied warehouse was able to provide the client with $1.75MM of needed cash at a 60% LTV. Our team here at Commercial Capital BIDCO takes pride in helping our clients find the right financing to fit their unique needs. Let CCB help your business find financing next- reach us at commercialcapitalbidco.com/apply.
Light Industrial Client Closes Cash-Out Refinance in New York
A light industrial client came to Commercial Capital BIDCO looking for a solution where they could pay off their current note as well as reach a few other financial goals for their business. In February of 2024, our client closed on the cash-out refinance of their commercial property located in Port Jervis, New York. Spanning close to 40,000 square feet, the property provides multiple services within the food manufacturing industry including but not limited to food product packaging, ambient fill, custom product creation, and private label.
The loan proceeds of $2,430,000 from this cash-out refinance are helping the client to reach their goals by paying off their current note, providing a 6-month interest reserve, providing funds to pay off taxes, pay down credit cards, and provide working capital for future needs.
We look forward to seeing the enhancements that our client is able to provide in the future as well as reach the goals they continue to set as a business!
Ready to see if your deal is a fit with Commercial Capital BIDCO? Submit a deal inquiry today on our website at: https://commercialcapitalbidco.com/apply/
Client closes on Cash Out Refinance for Golf Course in New York
Our client closed on the cash out refinance of a golf course and clubhouse located in Darien Center, New York in June of 2023. The loan proceeds from the cash out refinance will be used to pay off a note totaling an estimated $900,000. The remaining proceeds will be used as working capital as the client makes preparations for property updates and maintenance on the 18-hole, par 72 course as well as the clubhouse and other structures.
The loan-to-value for this deal was 34% with the client requesting $1,050,000. The property sits on a total of 159.7 acres and the combined building size sits at 20,335 square feet.
We know that taking the time to find a direct lender who can fund your deal is "par for the course," but cut the search short and give Commercial Capital BIDCO a call today! We would be honored to talk through your deal and find the lending solution that suits your goals.
You can inquire today at: https://commercialcapitalbidco.com/apply/