Chris Hunter, senior vice president of business development for TMC Financing, has joined the board of directors for Commercial Real Estate Women (CREW) Las Vegas as its director of programs. CREW Las Vegas is a business society dedicated to providing education and promoting the interests of women who work in all facets of commercial real estate. Hunter has been involved … [Read more...] about Chris Hunter Joins Commercial Real Estate Women (CREW) Board of Directors
TMC Financing
TMC Financing facilitates expansion of Hwang Law Group utilizing SBA 504 Loan
Hwang Law Group, a Las Vegas-based law firm, has purchased property at 2880 S. Jones Blvd. for $550,000. The 2,600-square-foot space was purchased with an SBA 504 loan from TMC Financing. By utilizing the SBA 504 Program, Hwang Law Group was able to obtain 90 percent financing with a 25-year fixed rate loan. Founded less than four years ago by attorney Tin Hwang, Hwang Law … [Read more...] about TMC Financing facilitates expansion of Hwang Law Group utilizing SBA 504 Loan
TMC Financing Completes Successful Year Providing SBA 504 Loans To Las Vegas Small Businesses
TMC Financing, a leading Southern Nevada SBA 504 lender, provided more than $18 million in financing to small businesses in 2018. Spearheaded by senior vice president of business development Chris Hunter, the company helped 22 small businesses grow, which will create or maintain 206 jobs in Southern Nevada. “The SBA program is one of the most powerful assets a small business … [Read more...] about TMC Financing Completes Successful Year Providing SBA 504 Loans To Las Vegas Small Businesses
Construction of Henderson Residence Inn Begins Following Sba 504 Loan from Tmc Financing
TMC Financing is proud to announce that its client, Nigro Development, has begun construction on a new Residence Inn by Marriot in Henderson, Nev. The project is made possible thanks to an investment from TMC Financing under the Small Business Administration (SBA) 504 loan program. “The value that a project like Nigro Development’s new Residence Inn hotel brings to a … [Read more...] about Construction of Henderson Residence Inn Begins Following Sba 504 Loan from Tmc Financing
Weighing The Options: Owning Versus Leasing Commercial Real Estate
Weighing the benefits of leasing or owning real estate is important for any business, but Nevada real estate professionals said there’s no definitive answer to which option is best. Both leasing and owning real estate offers businesses advantages and disadvantages and the decision of which route to take is up to the leadership at each company, said Jeff Jenkins, executive … [Read more...] about Weighing The Options: Owning Versus Leasing Commercial Real Estate
Bank of Nevada is Southern Nevada’s #1 Participating Lender in SBA 504 Program, Year-to-Date
LAS VEGAS - Small businesses are the economic engine creating the majority of jobs in Southern Nevada. Bank of Nevada is proving its commitment to this important business sector by becoming the number one participating lender in Southern Nevada — year-to-date in 2016 — in its partnership with TMC Financing and the Small Business Administration’s (SBA) 504 Program. The … [Read more...] about Bank of Nevada is Southern Nevada’s #1 Participating Lender in SBA 504 Program, Year-to-Date
Red Rock Fertility Expands with SBA 504 Loan From TMC Financing
Red Rock Fertility, a Las Vegas-based fertility center, has purchased a new building at 9120 W. Russell Road in Southwest Las Vegas. The two-story, 12,500-square-foot building was purchased with an SBA 504 loan from TMC Financing and a conventional loan through Bank of America. TMC Financing provided $1.7 million of the project’s $4.7 million total cost. According to Red … [Read more...] about Red Rock Fertility Expands with SBA 504 Loan From TMC Financing
Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Volunteers in Medicine of Southern Nevada Hosts Groundbreaking Event for Clinic in Downtown Las Vegas Groundbreaking ceremony for VMSN’s new downtown Las Vegas clinic. Members of the community are invited to attend and receive information about the project. [Read more...] Wells Fargo Invests in Southern Nevada through Las Vegas Global Economic Alliance's 'Engage Southern … [Read more...] about Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Educating, Connecting Entrepreneurs; Median Home Price Hits $200,000; 5K to Raise Funds for Kids with Cancer
Las Vegas Will Launch 1 Million Cups to Educate, Connect Local Entrepreneurs 1 Million Cups, a program to engage, educate and connect entrepreneurs, launched in Las Vegas on Wednesday, August 13. The weekly event will be located in the inNEVation Center, powered by Switch. 1 Million Cups is a weekly gathering that is building startup communities over cups of coffee and … [Read more...] about Educating, Connecting Entrepreneurs; Median Home Price Hits $200,000; 5K to Raise Funds for Kids with Cancer
Hospice Collecting School Supplies for Students in Need
Nathan Adelson Hospice locations will serve as drop-off points to collect school supplies for local elementary students. The hospice will be collecting supplies for students at Robert L. Taylor and Sunrise Acres elementary schools. The drive continues until Aug. 18. “Many schools unfortunately suffer from a lack of funding, and a large number of students can’t afford many … [Read more...] about Hospice Collecting School Supplies for Students in Need
CCIM: Join the Club
After Nevada’s economic downturn and resulting real estate crash had begun, Cindy Santilena, a Las Vegas commercial real estate lender for small businesses and entrepreneurs, was looking for a way to highlight herself and her company when working with other industry professionals during a struggling, competitive market. She decided to pursue a CCIM, a prestigious certified … [Read more...] about CCIM: Join the Club
Several SBA Loan Requirements Eliminated
The U.S. Small Business Administration made significant changes in qualification for SBA 504 loans. The changes include elimination of "the personal resource test" and "the nine-month rule". These modifications mean businesses will have an easier time qualifying for SBA loans, according to a recent statement by TMC Financing. “By eliminating the nine-month rule for … [Read more...] about Several SBA Loan Requirements Eliminated
Nevada Real Estate & Development Report: April 2014
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 and Zions … [Read more...] about Nevada Real Estate & Development Report: April 2014
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 our purchase team to handle the … [Read more...] about Nevada State Bank Expanding Mortgage Team to Meet Demand
Nevada Real Estate & Development Report: March 2014
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 construction on a … [Read more...] about Nevada Real Estate & Development Report: March 2014
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 of our slowest months for home … [Read more...] about Southern Nevada Home Prices Stable
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 was merely a prelude … [Read more...] about Best Year in Five Years for Southern Nevada’s Industrial Real Estate Market
Ann Santiago: 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 … [Read more...] about Ann Santiago: TMC Financing
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 Nevada for … [Read more...] about LVGEA Sets Budget at $5.4 Million