Monday, April 20, 2020

CRE Town-hall - Financing Updates & Opening Businesses Up? ? ?


Our next installment is scheduled for this Thursday, April 23rd @3:00 PM Central

Our featured speaker will be Patrick Fleming Vice President from Progress Bank in Huntsville

Updates COVID-19 & Uncertainty in Bank Financing

> How is the current climate affecting the financing of new deals
> Valuation of current cash flow & properties
> Rates, Terms & Timing, Loan to Value & Debt Coverage Requirements  
> What are the possible longer terms effects from the virus and what we might see

Other Topics to be discussed
Scammers - Be aware when receiving requests/follow-ups on SBA loans applications 
Current Feedback from Owners, Clients & Tenants
"Opening Back-up"  What does this look like and what are the potential adjustments to CAP & rental rates?

We look forward to "seeing" you on Thursday @3:00 PM Central - please share with anyone that you think might be interested 

You must preregister to attend this zoom meeting - Click the link to preregister - once registered you will receive an email with details to join the meeting

Thanks Jed & Nick 

Nick DeMarte nick@parkprops.com 256-763-0867
Jed Park jed@parkprops.com 256-426-3777