Insurance Companies

Insurance companies  act as a primary source of permanent financing for American real estate projects.  Because of the long-term nature of liabilities on their balance sheets, long-term assets are preferred.  A diverse set of these institutions relies on Cronheim to locate these long-term assets.

As a servicing agent of approximately $1.5 billion of insurance company debt, our firm has developed the credibility necessary to issue commitments expeditiously based on our recommendations. We have a superb track record in being able to close a transaction with the exact terms of our initial quote. As a full service Mortgage Banker, we control all aspects of the underwriting and closing process to ensure a thorough analysis as well as a  timely completion.

CMBS Financing

The capital markets are becoming increasingly more aggressive and competitive for many product types. We are at the forefront of this dynamic environment; leveraging our market knowledge and credibility to provide the same services to investment banks as we do for our life insurance company correspondents. As we assume the underwriting role that investment banks are currently taking, costs for the Borrower on an investment bank loan are the same as those for insurance company loans. Cronheim's in-house underwriting and due diligence staff provides the same quality of service for CMBS bound mortgages as portfolio debt.  In addition, the firm provides low-cost financing on a direct basis through Mortgage Loan Purchase Agreements.

205 Main Street, PO Box 807, Chatham, NJ 07928 • Tel:  973.635.6800 • Fax:  973.635.6091

© 2008 David Cronheim Mortgage Corporation • All Rights Reserved