Debt Financing

Cronheim Mortgage has placed nearly $2.5 billion in debt financing in the past three years and currently manages a servicing portfolio of $1.5 billion. 

As correspondent for ten life insurance companies and two investment banks, Cronheim Mortgage is often able to offer the lowest cost financing available.  In addition, many of our lenders charge no origination fee as they look to Cronheim to perform their due diligence.

A competitive, responsive, realistic, and professional approach to securing financing.

Correspondent Relationships

As mentioned above, we act as correspondent for ten of the largest national and global insurance firms as well as two Wall Street investment banks, including American National Insurance Company and AIG/SunAmerica Life Insurance Company.  Read more regarding these relationships and about financing through insurance companies and CMBS lenders. [click here to read more about our correspondents]

Underwriting

In order to effectively facilitate transactions in today's increasing complex lending environment, Cronheim provides underwriting and market research for its investors.  These services allow for greater flexibility in responding to requirements for detailed market analysis and due diligence.

Servicing

Cronheim serves as the eyes and ears of its correspondents as well as the guardian of their investments.  With every debt and equity investment, investors rely on the firm's expertise to ensure a successful outcome.  The firm's involvement does not end at the closing; rather it is only the beginning.  Cronheim's in-house servicing department maintains a personal relationship with the property owners throughout the life of each project.  As a fluid asset, real estate requires a servicer who can monitor asset performance and address problems in order to keep each property competitive.  Cronheim has repeatedly demonstrated that when a value-added opportunity arises during the the term of an investment, a decisive response allows the developer to capitalize on it.  As every experience real estate investor knows, documents alone cannot address every event subsequent to the closing.

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