Magna Capital Group, Inc. handles a wide variety of loans. We lend on homes, apartments, shopping centers, Commercial, office buildings, industrial, mixed use, land and construction loans. In fact, we’ll lend on almost any type of real estate!
We base our loans mostly on the equity in the property, thus credit and income are not the most important factors in our loan approvals. In most cases our lending decisions are generally made instantly. We take any lending situation no matter how complicated and find a way to make the loan. Our funding time takes an average of two weeks. Our rates vary depending on the type of property, term of loan and general situation.
Sam Zell gained the nickname "the grave dancer" in the early 1990s for buying beaten-down real-estate properties and riding them to huge recoveries. During the recent downturn, he rarely has made it to the funeral.
The owners of the Standard Hotel have resisted unsolicited offers for the trendy hotel. But now they have decided to put it up for sale.
As Blackstone Group prepares to return Hilton Hotels to the public market, it once again is planning a huge mortgage-backed securities deal that will test the debt market.
Office space is going up on faith that companies such as Amazon.com and Microsoft will fill it as the city's technology sector booms.
The scope of infrastructure development Hong Kong has in the works is extreme even by its standards, with the pace of construction taking a toll on labor availability and straining budgets
Venezuela seems an unlikely place for U.S. companies to buy commercial real estate. So why are DirecTV, Avon, GM and other firms snapping up office buildings in Caracas?