You are receiving this letter because you are a commercial real estate broker client of either Blackburne & Sons or C-Loans, Inc. Today we'll talk about our Preferred Equity, a really cool commercial "loan" that allows your investor to buy commercial property with a smaller downpayment. We also have lots of cute, clean jokes, several funny pics, and an interesting video for you.

Joke Du Jour

After watching the movie Cinderella, five-year-old Sarah started using her pinwheel as a magic wand, pretending she was a fairy godmother. "Make three wishes," she told her mother, "and I'll grant them." Her mom first asked for world peace. Sarah swung her wand and proclaimed the request fulfilled. Next, her mother requested for a cure for all ill children. Again, with a sweep of the pinwheel, Sarah obliged. The mother, with a glance down at her rather ample curves, made her third wish, "I wish to have a trim figure again." The miniature fairy godmother started waving her wand madly. "I'll need more power for this!" she exclaimed.

You Think You Know Your Cat ...

If Your Commercial-Investment Property Buyer Doesn't Have a Large Enough Downpayment ...

No other lender in the country offers this product. Suppose you have an investor client who wants to buy an office building or shopping center, not to occupy with his business but rather merely to rent out for income. Prepare to be frustrated. Even though the deal will cash flow perfectly at 75% loan-to-value (LTV), the bank will be too nervous to exceed 60% LTV.

Your commercial-investment buyer has 25% of the purchase price to put down, but he doesn't have a whopping 40% to put down! Blackburne & Sons will contribute EQUITY, not a loan, to your deal and increase your buyer's downpayment from 25% to 40%.

Please click here for the details.

Tickets Joke

A couple with three children waited in line at San Francisco's Pier 41 to purchase tickets for a boat trip to Alcatraz. Others watched with varying degrees of sympathy and irritation as the young children fidgeted, whined, and punched one another. The frazzled parents reprimanded them to no avail. Finally they reached the ticket window. "Five tickets, please," the father said. "Two round-trip, three one-way."

Private Money Commercial Loans Nationwide From $100,000 to $3.5MM

Is your client's commercial property partially vacant? Do you need a lender who will allow the seller to carry back a second mortgage? Does your client have a balloon payment coming due on his commercial property? Has your bank offered him a discounted pay-off? Does your borrower have less-than-stellar credit? Is your client's company losing money? We make slightly scratched-and-dented commercial loans.

Our hot, new product is a blanket loan against a portfolio of rental homes. Rental homes? Yup, as long as there are at least five homes or units, we consider this to be a commercial loan. We even offer a partial release clause. This loan is ideal for speculators.

Here is our latest rate sheet.

Blackburne & Sons is looking for commercial real estate loans that are not quite clean enough for a bank. Please click here to submit a hard money commercial loan or call me, Tom Blackburne, at (574) 210-6686.

Bees Joke

"The co-founder of Burt's Bees was forced out of the company for having an affair with an employee. He says everyone should mind their own beeswax." -- Conan O'Brien

One-Point Commercial Bridge Loans

Suppose you have listed a commercial property for sale, and the seller is getting antsy. You can often hold him off long enough to find a buyer by getting him a bridge loan. Blackburne & Sons offers a six-month bridge loan for just one point. Please click here to submit a commercial bridge loan mini-app or call me, Tom Blackburne, at (574) 210-6686.

Eye Injury Joke

When Ruth's grandson, Jordan, was five-years-old, he always told everyone that he wanted to be a doctor when he grew up. One day he was running through the house, and he crashed into the corner of a chair, hurting his eye. He cried for a while, and he kept saying, "Oh, no! Oh, no, now I can't be a doctor when I grow up." Ruth assured him he could still be a doctor, but little Jordan kept telling her that he couldn't. Finally, she asked, "Why can't you be a doctor?" Holding one hand over his eye, Jordan said, "Because now I'll have to be a pirate!"

Are You Stalking Me?

New Apartment Program for "A" Deals

Because we have been in the commercial mortgage business for over 34 years, and because we own CommercialMortgage.com, Blackburne & Sons has been allowed to join just five other mortgage bankers to offer an incredible new apartment loan program for "A" quality deals. These loans close in our name and are sold to an institutional investor which purchased almost $400 million in apartment loans last year.

The rate is adjusted according to the desirability of the property and the area, but it starts at 3.87% and 1 point for a 30-year fully-amortized loan. For more details, please call Tom Blackburne at (574) 210-6686.

Rock Group Joke

Q: What rock group has four men who don't sing?
A: Mount Rushmore.

Too Busy to Broker Commercial Loans to Us? Why Not Just Refer Them Instead? We Make It Easy!

We once paid a $21,250 referral fee. Here is our referral fee program.

Fascinating Video About the Space Industry

The space industry is going private, and this cool video explains how SpaceX, Boeing, and Sierra Nevada are competing.

On a Personal Note

One of my best friends from high school got married a few weekends back.  After an epic bachelor party, and that the even groomsmen to bridesmaid ratio...I knew the wedding was going to be a lot of fun.  Held in at a small Catholic church in downtown Indy, the 200 attendees were packed like sardines.  After only an 1 hour ceremony, which I am told is very fast for a Catholic wedding, everyone took off like race horses to the reception for the open bar.  Unfortunately, those of us in the wedding party had to hold off on the refreshments and we headed out for pictures.  

About half way through someone spotted 3 black 2015 Cadillac Escalades pulling up to the building next to the photo area.  And sure enough, Andrew Luck (starting Quarterback for the Indy Colts) steps out.  We, of course, started shouting and flagged him over.  To our disbelief, he actually listened and came over!  He was extremely polite and even took pictures with all of us.  The next morning, all the local news stations and even ESPN were talking about how Andrew Luck crashed the wedding.  The rest of that night was a blur but the whole day was one to remember!

Don't Forget About C-Loans.com

We have a whole new crop of hungry commercial lenders on C-Loans, so if you have a commercial loan you're trying to place, it takes just four minutes to submit your deal to 750 commercial lenders. And remember, C-Loans.com is free!

Gnats Joke

Heading down the interstate, our car passed through a huge swarm of gnats so dense that their bodies made popping noises as they hit the windshield. "I can't get over how loud they are," my wife said. "Well, we are hitting them at 65 miles an hour," I pointed out. Her reply left me speechless. "There's no way bugs can fly that fast!”

Contact Information

4811 Chippendale Drive, Suite 101, Sacramento, CA 95841 telephone: (574) 210-6686 * Fax: (916) 338-2328
Real Estate Broker -- California Bureau of Real Estate -- License Number 01330173