CMN Funding, a commercial financing specialist based in Albany, New York, reported strong performance in direct-funded projects and mortgage arrangements during the first quarter of 2025, highlighting the company's continued growth in commercial real estate lending.
The company's most significant transaction involved a $612,500 loan for a commercial building acquisition in Aiken, South Carolina, featuring equipment rental facilities. This project underscores CMN Funding's ability to support diverse commercial property investments across regional markets.
Additional transactions included a $199,500 cash-out refinance for a warehouse in Brentwood, Maryland, and a $120,000 cash-out refinance for a single-family residential investment property in New Iberia, Louisiana. These transactions demonstrate the company's flexible lending approach to various property types and investment strategies.
Beyond these direct-funded projects, CMN Funding also arranged several small-balance commercial real estate mortgages, including a land refinance in Winnemucca, Nevada, and a commercial mixed-use property transaction in New York City. These deals reflect the company's comprehensive commercial financing capabilities and willingness to support projects of varying scales.
The quarter's performance suggests continued market demand for specialized commercial real estate financing, particularly in secondary and tertiary markets. CMN Funding's diverse portfolio indicates resilience in the commercial lending sector, potentially signaling broader economic stability and investment opportunities across different regions and property categories.
