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TowneBank Commercial Mortgage

David Beatty, President,
Commercial Mortgage

TowneBank Commercial Mortgage, provides instant access to capital markets for commercial real estate. Under the leadership of David J. Beatty, President, over $750 million in commercial income property mortgages have been funded through numerous capital market sources.

• Provides low-cost funding
• Fixed rate, long term and non-recourse financing
• Funding in the $500,000 to $75 million range
• VHDA approved mortgage banker
• FANNIE MAE, HUD and Freddie Mac
• SBA loan agent & originations
• Tax-exempt bond financing
• Low income housing tax credits
All asset classes; multi-family, shopping centers, hotel or motel, medical offices, warehouses, mini-storage facilities, or specialty retail store, TowneBank Commercial Mortgage can help by providing low-cost capital sources.
For more information, please email or call David Beatty at 757-628-6360.
Recently Closed:
• $6,000,000 office complex                      • $27,500,000 hotel
• $3,000,000 medical office                       • $19,000,000 office warehouse
• $3,600,000 shopping center                   • $35,000,000 of apartment financing


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