New Regulations for SBA 504 Loans Make it Easier for Nevada Business Owners to Qualify

This week the U.S. Small Business Administration made effective two major changes for qualification of SBA 504 loans.

Las Vegas - This week the U.S. Small Business Administration made effective two major changes for qualification of SBA 504 loans. The changes will make it easier for businesses to qualify for SBA loans and encourage business growth and job creation. Effective April 21, the SBA has eliminated several requirements for its 504 business loan program. The… [More...]

NAIOP Southern Nevada Chapter Announces Winners of the 17th Annual Spotlight Awards

The NAIOP Southern Nevada chapter hosted its 17th Annual Spotlight Awards on Saturday, March 1, 2014 at the Golden Nugget in downtown Las Vegas.

Las Vegas, NV – The NAIOP Southern Nevada chapter hosted its 17th Annual Spotlight Awards on Saturday, March 1, 2014 at the Golden Nugget in downtown Las Vegas. This notable “Let the good times roll” annual event was hosted by Terri and Kevin Janison, recognizing distinguished commercial real estate entities in our local development community. The awards program… [More...]

Nevada Real Estate & Development Report: April 2014

Read the Nevada Real Estate and Development Report: March 2014 - Commercial real estate and development - projects, sales, and leases.

E Sale, Retail ADDRESS 5050 E. Russell Rd., 89122 BUYER Wyandotte, Inc SELLER Kathleen & Adrian Varni Trust DETAILS 24,034 SF; $2,200,000 APN 161-28-401-011 BUYER’S REP Neil Dela Cruz of MDL Group SELLER’S REP Katherine Bergh of Marcus & Millichap Loan, Office ADDRESS 2575 E. Sahara Ave., 89104 BORROWER Reliable Auto Sales LENDER TMC Financing… [More...]

TMC Financing Provides SBA 504 Loan To London Medical Management

TMC Financing worked with Bank of George to finance a $1.15 million project for London Medical Management in Las Vegas.

TMC Financing, Clark County’s largest provider of SBA 504 loans, worked with Bank of George to finance a $1.15 million project for London Medical Management in Las Vegas. Ann Santiago served as TMC’s business development officer for the transaction and Jason Lesley of New Growth Commercial Real Estate was the buyer’s broker. The financing package… [More...]

Nevada State Bank hosts April 2 Insights webinar on unique ways to use SBA lending

Nevada State Bank is hosting a free webinar, “Insights: Unique Ways to Use SBA Lending,” on Wednesday, April 2, at 9 a.m. Pacific Time.

LAS VEGAS – Small business owners looking for financing may think a conventional loan is their only choice. However, there are other options to consider. With this in mind, Nevada State Bank is hosting a free webinar, “Insights: Unique Ways to Use SBA Lending,” on Wednesday, April 2, at 9 a.m. Pacific Time. Nevada State Bank has… [More...]

Nevada State Bank Expanding Mortgage Team to Meet Demand

Nevada State Bank is “gearing up” for increased mortgage demand. The bank is expanding its team of loan officers to handle a purchase market that is picking up steam, according to a recent statement. “While other organizations are downsizing the large refinance teams they have built over the last few years, Nevada State Bank is growing… [More...]

Nevada Real Estate & Development Report: March 2014

Read the Nevada Real Estate and Development Report: March 2014 - Commercial real estate and development - projects, sales, and leases.

E Lease, Industrial ADDRESS 4935 Steptoe St. Ste 500, 89122 TENANT Charming Exhibition Inc. LANDLORD Lomas Regency LLC DETAILS 5,850 SF; $22,464 for one year REP (BOTH) Jarrad Katz, CCIM and Galit Kimerling of MDL Group H Project, Office ADDRESS 875 Warm Springs Rd., 89011 DETAILS Cadence, the 2,200-acre planned community in Henderson has begun… [More...]

TMC Financing Provides $4.69 Million SBA 504 Loan To Reliable Auto Sales

TMC Financing worked with Zions First National Bank to finance a $4.69 million project for Reliable Auto Sales.

TMC Financing, Clark County’s largest provider of SBA 504 loans, worked with Zions First National Bank to finance a $4.69 million project for Reliable Auto Sales in Las Vegas. Ann Santiago served as TMC’s business development officer for the transaction. The financing package was used to purchase three parcels with four existing buildings comprising 72,850… [More...]

Southern Nevada Home Prices Stable

Southern Nevada home prices for January were unchanged from the previous month. That is according to the most recent statistics released by the Greater Las Vegas Association of REALTORS (GLVAR). The median home price for a single-family home sold was $185,000. That is over 23 percent higher than January of last year. “January is usually one… [More...]

TMC Financing provides funding to Infinity Hospice Care

Infinity Hospice Care of Las Vegas, LLC for their ground-up construction project.

TMC Financing, Clark County’s largest provider of SBA 504 loans, worked with Bank of Nevada to provide financing to Infinity Hospice Care of Las Vegas, LLC for their ground-up construction project totaling $4.98 million. Cindy Santilena, CCIM served as TMC’s business development officer for the transaction. The SBA 504 loan was used for the new… [More...]

Best Year in Five Years for Southern Nevada’s Industrial Real Estate Market

Southern Nevada’s industrial real estate market enjoyed one of its best years in recent memory. That is according to a recent report provided by Colliers International – Las Vegas. “Without a doubt, 2013 was the best year Southern Nevada’s industrial real estate market has had in five years,” said Colliers’ research director John Stater. “Hopefully, it… [More...]

TMC Financing remains top SBA 504 Lender in Clark County for third year in a row

TMC Financing announced a record breaking year in the Las Vegas market, providing over $22 million in SBA 504 financing.

TMC Financing announced a record breaking year in the Las Vegas market, providing over $22 million in SBA 504 financing.  In 2013, TMC approved financing for 38 business owners throughout Nevada. The financing provided businesses the capital to purchase commercial real estate and large equipment to expand operations.  This financing helped businesses create and retain 1,554 jobs… [More...]

Ann Santiago: TMC Financing

Meet Ann Santiago: Senior Vice President, TMC Financing.

Senior Vice President Las Vegas http://www.tmcfinancing.com/ What do you like most about your industry? I like that my industry helps a lot of small businesses realize their ultimate dream of owning their own building and expanding. What do you like least about your industry? I don’t like the misconceptions about working with the government and Small Business… [More...]

LVGEA Sets Budget at $5.4 Million

The Las Vegas Global Economic Alliance (LVGEA) Executive Committee voted unanimously to endorse a $5.4 million budget. The budget will fund the alliance’s strategy in developing the economies in the Las Vegas valley, as well as Boulder City and Mesquite. The strategy includes “imperatives” to lead economic development efforts in the region and promote Southern… [More...]

TMC Financing Completes SBA 504 Loan For Las Vegas Restaurant Chain

TMC Financing (http://www.tmcfinancing.com) has completed a 20-year fixed-rate, SBA 504 loan for $1,830,000 on a total financing package of over $4,000,000 for Metro Pizza in Las Vegas. The loan helped fun the popular restaurant chain’s sixth restaurant  in Las Vegas’ Centennial Hills neighborhood. The project includes a 75,359 square foot site at 6720 Sky Pointe… [More...]

Vegas PBS & Southern Nevada Public Television Announce the Winners of the 2013 SBA Small Business Awards

Vegas PBS

(Las Vegas) – Vegas PBS Channel 10 and Southern Nevada Public Television are excited to announce Nevada’s most outstanding businesses at the 2013 SBA Small Business Awards. Vegas PBS will host the awards for the second consecutive year. This year’s event will be held from noon to 2 p.m., Thursday, June 6, 2013 at the Gold… [More...]

TMC Financing, Las Vegas’ Leading SBA 504 Commercial Lender, Celebrates Five Years in the Region

Oct-15

Successful Public-Private Partnership Responsible for Creating and Retaining 2,239 Jobs in Nevada LAS VEGAS (October 15, 2012)–TMC Financing (www.tmcfinancing.com), a leading Certified Development Company (CDC) providing U.S. Small Business Administration (SBA) 504 commercial real estate financing in California and Nevada, today celebrates five years of helping Las Vegas businesses that want to purchase and enhance… [More...]