Silver Hill now finances gas stations, named one of "Best Places to Work" in 2007Mortgagepress.comsmall-balance commercial loans, underwriting
Silver Hill Financial LLC, a leading national real estate lender
specializing in small-balance commercial loans, has expanded its
lending program to include financing on gas stations. Silver Hill
pioneered a residential-style underwriting approach for
small-balance commercial loans in 2003 and has since continued to
enhance its program to meet the needs of a changing and growing
marketplace.
"We're excited about adding gas stations to our program because
they are an underserved property type in the small-balance
commercial market," said Joanna Schwartz, managing director for
Silver Hill. "Silver Hill's unique underwriting approach allows us
to consider this and other property types that are not typically
served through traditional small-commercial financing means. Our
program gives mortgage brokers the opportunity to serve more
borrowers by offering niche solutions to their customers."
With the program enhancement now in effect, Silver Hill offers
financing on gas station loans up to $1 million, with up to 75
percent loan to value.
In other news from Silver Hill, the company has been recognized
by the South Florida
Business Journal as one of the most outstanding places to work
in South Florida. Honored at an awards presentation in February in
Fort Lauderdale, Silver Hill was a finalist in the large business
category, defined as employing 200 or more local South Florida
residents.
"Silver Hill is thrilled to be recognized by the South Florida
Business Journal as one of the '2007 Best Places to Work,'
especially because it is our employees who have taken our company
to finalist status," said Joanna Schwartz, Managing Director for
Silver Hill. "Regardless of recognition, we are committed to
providing a great work environment at Silver Hill - one that makes
employees proud to be part of our team and attracts talented people
to join our growing company."
Silver Hill promotes a corporate culture focused on teamwork,
ongoing communication, innovation and continuous improvement. The
national lender's strong commitment to training includes in-depth
industry and product education through its Silver Hill University
not only for new employees, but continuing throughout an employee's
tenure. Career growth opportunities and a family-sensitive
philosophy contribute to a positive work environment.
Chosen among nearly 200 nominee companies, Silver Hill was one
of 14 finalists in the large business category for Best Places
honors, based on results of an employee engagement survey.
Conducted by a third party, the confidential online survey measures
various aspects of each company in areas such as people practices,
team effectiveness and trust.
For more information, visit www.silverhillfinancial.com.
