LOS ANGELES—July 16, 2012—KossREsource.com — a free, comprehensive online information site that allows commercial real estate (CRE) professionals to search and access the loan programs of hundreds of lenders — has surpassed 1,500 commercial loan programs in its database in the two months since the site’s launch.
“The fact that we have this level of participation shows the interest and value that lenders see in using Koss REsource to expand their banking business,” says Michael Koss, founder and CEO. “By the end of the year we expect to have more than 4,000 loan programs in our database and more than 20,000 brokers and investors using our site.
Koss REsource provides commercial real estate owners and their mortgage brokers with direct access to the debt and equity programs of more than 500 local and national lenders, allowing CRE professionals to search for any type of commercial loan on any type of property. Loans accessible in the database offer financing from thousands of dollars to mega-loans of more than a billion dollars.
Lenders participating on the site range from major national institutions to regional lenders and community banks.
The free site also features an extensive library of landlord-protective legal documents as well as a bevy of social networking tools to help CRE professionals research service providers, network and generate business.
For more information on Koss REsource, visit, www.kossresource.com.