Castlerock Commercial Capital

10/18/2011

After reading this article, I am glad we have this gentleman's voice on the Fed Board. This is a good read if you are interested in the economic problems we are facing today.

NEW YORK (AP) -- He s an inflation hawk who isn t worried about inflation, a former political candidate appalled by politics, a dissident who

10/09/2011

Another indicator that recovery is far, far away. If people do not spend, the economy slows.

WASHINGTON (AP) -- Consumers slashed their borrowing in August by the most in 16 months. The drop suggests many worried about taking on new debt

09/28/2011

Timely article. Had drinks with a bank loss-mitigation guy last night. He was sharing with me the trouble he was having with large commercial deals. As a banker, believe me when I say sometimes costs more for a bank to foreclose than to just take the hit and walk away.

Communities are left with eyesores when the owners abandon their homes and banks avoid taking on the responsibility.

09/15/2011

We strongly believe that this will continue for the foreseeable future. Although the media and politicians preach about a recovery, we see no economic indicators that lead us to believe that recovery is around the corner. Demographics, oversupply, lack of liquidity available, inconsistent regulation, and general stupidity in the industry lead us to the conclusion that the current economic doldrums are here for years to come.

LOS ANGELES (AP) -- Banks have stepped up their actions against homeowners who have fallen behind on their mortgage payments, setting the stage for a

09/08/2011

Tip from a Banker: A friend recently had her ATM card "skimmed". Before using an ATM machine or gas pump, look at the port where you insert your card as well as the keypad itself. Take your fingernail and try to see if either pries up. Skimmers are placed in the port and sometimes a fake keypad over the actual keypad to record the PIN. I actually had one of my ATMs hit over the weekend one time. We caught it during our normal opening procedures on Monday morning. Be careful!

09/07/2011

CMBS (Commercial Mortgage Backed Securities) are loans that may calculate their payments over 20-30 years (amortization), but may require a borrower to pay the full balance off 5 to 10 years down the road. That large payment is known as a "balloon". The inability to get a balloon loan refinanced is a big reason for many of the commercial defaults we are seeing today. This article offers some stunning statistics about

Commercial mortgage-backed analytics firm Trepp found less than 40% of loans paid off when reaching a scheduled balloon payment in August.

09/02/2011

I would love to hear everyone's take on this.

WASHINGTON (Reuters) - The agency that oversees mortgage markets is preparing to file suit against more than a dozen big banks, accusing them of misrepresenting the quality of mortgages they packaged and

09/01/2011

Interesting article for you doom-and-gloomers out there.

Today’s news on GDP shows the double dip has arrived–an expansion of only 1.3% and consumer spending up .1% in the second quarter. Astonishingly low by any account.. The debt ceiling trouble and lack of a longer term resolution to the deficit will make it worse. The US has entered a second recession...

08/26/2011

Welcome to our new and improved page. We appreciate your support and hope you will find it informative.

08/26/2011

Check out our custom page.

Castle Rock Commercial Capital specializes in the purchase and sale of Commercial Mortgage Loans. We also manage the loan portfolio sales process for banks and other financial institutions. Our leadership team has spent more than 20 years in commercial and private banking with some of the largest banks in the country, so unlike most investment banking firms that specialize in commercial mortgage notes, we have the experience necessary to provide great value to our clients. Our relationships within the banking community, our vast network of note buyers, and our proven track record of performance are unmatched in the industry.
Our Fund, Castle Rock Commercial Capital, LP is a Private Equity Fund that purchases commercial real estate-backed mortgage notes from banks and serves as an attractive alternative to direct real estate investment. We search for the most attractive performing and non-performing real estate-backed commercial note opportunities in the U.S. by analyzing the likelihood of payment, current and future value of the underlying collateral, potential downside risk, and the market for disposing of the purchased assets at a profit. The Fund also lends money on and short-term basis on commercial real estate at high-yields and low loan-to-value ratios.
If you are looking to purchase commercial mortgage notes or if you need a firm to shepherd you through the sale of a loan portfolio, you need a partner you can trust. Rely on Castle Rock Commercial Capital.

08/26/2011

Castle Rock Commercial Capital specializes in the purchase and sale of Commercial Mortgage Loans. We also manage the loan portfolio sales process for banks and other financial institutions. Our leadership team has spent more than 20 years in commercial and private banking with some of the largest banks in the country, so unlike most investment banking firms that specialize in commercial mortgage notes, we have the experience necessary to provide great value to our clients.