1135 Heatherstone Drive
Fredericksburg, VA 22407
Phone: (800) 710-6762 option 4
Fax: (540) 548-1117

Recent Closings: **Multifamily Property Purchase | 72% LTV | Broker Commission: $27,000** **Auto Repair Facility Refinance | 65% LTV | Broker Commission: $21,450** **Office Building Refinance | 75% LTV | Broker Commission: $12,000** **Restaurant Refinance | 55% LTV | Broker Commission: $13,500** **Hotel refinance | 62% LTV | Broker Commission: $54,844** **Multifamily Property Refinance | 80% LTV | Broker Commission: $22,400** **Retail Strip Center Purchase | 78% LTV | Broker Commission: $29,700** **Retail Strip Center Purchase | 70% LTV | Broker Commission: $10,710** **Hotel Purchase | 85% LTV | Broker Commission: $31,812** **Restaurant Refinance | 72% LTV | Broker Commission: $18,086**

Recent Commercial Mortgage Loan Closings

Mount Moriah AME Church	$8,200,000
Strip Mall Purchase	$4,765,000
New Spirit Revival Center Inc.	$4,700,000
Bethlehem Temple	$3,750,000
Hotel Refinance	$3,625,000
Christ Apostolic	$3,500,000
The Hindu Temple of Metropolitan Washington	$2,750,000
World Mission Marantha	$2,659,000
United Christian Fellowship	$2,400,000
BCC Life Changing Ministries	$2,265,000
Christian Church of Christ at New Cut	$2,200,000
Florida Bible Church	$1,800,000
Christ Cathedral Church	$1,800,000
Strip Mall Purchase	$1,485,000
Retail Purchase	$1,400,000
Montessori School - Santa Cruz	$1,265,000
Full Gospel Church of Deliverance	$1,250,000
Office condo Purchase ( SBA 504)	$1,215,000
Owner Occupied Refinance	$1,125,000
Apartment Purchase	$1,120,000
Grace Chapel of Indio	$1,100,000
Pleasant Grove	$1,070,000
Apostolic Worship Center	$1,000,000
Office Purchase	$990,000
Retail Purchase	$990,000
Faust-New Hope Revival	$950,000
Pillar of Glory	$950,000
The Washington Sae Han Presbyterian Church	$936,432
Mount Zion New Covenant	$920,000
Bible Baptist	$885,000
Emmanuel Ministries	$810,000
Christian Growth Ministries	$800,000
Leviticus Church of God in Christ	$790,000
French Speaking Baptist Church	$750,000
Cedar Springs Community Church	$735,000
Automotive Repair	$715,000
Templo La Hermosa	$700,000
Apartment Refinance	$690,000
Office Purchase	$668,000
New Beginning M.B. Church	$656,000
Owner Occupied Industrial	$630,000
Office Condo Purchase	$626,000
Office Refinance	$600,000
Faith Outreach Center	$580,000
Apartment Purchase	$564,000
First Korean Presbyterian Church of Maryland	$550,000
St. John AME	$547,000
Truth Apostolic Community Church	$500,000
One Faith Fellowship	$500,000
Inglesia Church	$496,000
Church of the Living God	$490,000
Church of the Living God	$478,304
Life Changers Christian Center	$475,000
Full Life Gospel Church of Deliverance	$457,100
International Faith Christian Fellowship, Inc.	$456,000
Restaurant Refinance	$450,000
Restaurant Refinance	$450,000
One Accord Christian Ministry	$450,000
Community New Life Deliverance	$445,000
Car Wash Refinance	$430,000
La Ultima Church	$422,500
First Tongan Assembly of God	$412,500
New Antioch Holiness	$412,000
Automotive Repair	$410,000
Mt. Carmel Christian	$401,000
New Jerusalem MB of Ocala	$400,000
Calvary Apostolic Church	$380,800
Tree of Life Missionary Baptist	$380,000
Ephesians New Testament Church of God in Christ	$374,000
World Wide Christian Ministries	$370,000
Living Water	$365,000
East Bay Hindy Community Center	$360,000
The Living Word Church	$356,000
Heavenly Temple	$338,000
Higher Praise Outreach	$320,000
Faith Christian Assembly	$310,000
Centenial Caroline St. United Methodist Church	$300,000
Pentecostal Church Triumphants of Jesus Christ	$300,000
Greater Apostolic Outreach Holy Church of God	$300,000
Word is Alive	$300,000
Pembroke Bibleway	$300,000
Automotive Repair	$300,000
Cornerstone Church of Christ	$288,759
Glorious Church of God in Christ	$264,000
Mountain View Church Ministries, Inc.	$260,000
Automotive Purchase	$250,000
St. Johns Reformed Episcopal	$250,000
Pillar, Ground & Truth Church of God	$250,000
Auto Repair	$230,000

Press Release:

The owner of a Zaxby�s franchise came to Griffin Capital through a mortgage broker with the following request: Refinance his SBA loan to release the lien on his home and other real estate. He also needed a substantial amount of cash to buy out a partner

Transaction Strengths:

Zaxby�s is a Franchise Restaurant.
Strong 2007 and 2008 operating numbers
Good Business Operator.

Transaction Weaknesses:

The business has only been in operation for three years.
Business is a Restaurant (risky sector)
Decreasing Property Values in the area.
Large cash out component to buy out partner.

Griffin Capital provided a first trust loan in the amount of $1,205,000.00 and a second trust in the amount of $135,000 paying off the SBA loan and releasing the additional collateral taken by the SBA.