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South Florida Luxury Home, Coral Springs, Florida / GSD Advisors Florida East Coast Realty secures loan for Panorama Tower in Miami – South Florida Business Journal Florida East Coast Realty, which is developing the Panorama Tower on Brickell Avenue, has secured a $340 construction loan for the project. Wells Fargo Bank, acting on behalf of a group of lenders.

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South Florida Mortgage Divas: Francesca Odasos 954-344-4444 In a Chapter 11 bankruptcy, a cramdown plan of reorganization in a commercial real estate case usually involves a property owner trying to force an under secured mortgage lender to accept a new note for a reduced principal amount, equal to the mortgaged property value, with modified terms such as an extended maturity and a market rate.

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A note about mortgage points: One way to get the best mortgage rates is to pay "points," or upfront interest paid to the bank that secures a lower long-term interest rate on your home loan. One point generally costs 1% of the total loan amount, so paying 1 point on a $200,000 mortgage would add $2,000 in upfront costs.

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