FCR FinancIal

We are a leading national commercial mortgage broker. FCRFinancial is an innovator in structuring and identifying capital markets opportunities despite the economic recession.  FCRFinancial continues to work with active lenders, closing numerous transactions in 2009, including loans for certain product types up to 80% loan to value, with interest rates as low as 4.75% fixed for ten years, along with shorter term loans, floating rate loans, and interest-only loans available with spreads as low as 2.00% over Libor. We have also been successful in delivering cash-out refinances. FCRFinancial is staying abreast of the capital provider preferences and we are closing many types of loans where industry participants say it cannot be done, including construction loans, land loans, spec home loans, and shopping center refinances.
A good commercial mortgage broker carefully analyzes the transaction and surveys the capital markets for a mortgage or financing that best meets the client’s needs, and processes and closes the deal. Business owners can have a mortgage broker identify which lenders are active in the market, negotiate on their behalf, and document how the financing can save them significant funds over the course of the loan term or financing.
It’s important for all commercial mortgage brokers to maintain the highest standards of integrity and ethics in their business practices. FCRFinancial’s processes and practices are an outgrowth of our analytical approach and keen market observation. Its staff is well skilled to handle the needs of the real estate borrowers. FCRFinancial’s commitment begins by carefully analyzing the client’s needs and the characteristics of each transaction. As a commercial mortgage broker we underwrite and package a financing request, and confer with the client regarding its content and marketing approach. We often structure a creative solution derived from our extensive knowledge of the capital markets. Depending on the client’s desires, FCRFinancial  can ‘make a market’ by contacting numerous capital providers and managing a competitive bid process, or we can undertake a more focused marketing strategy, for example, working with one capital provider that fits well for a specific transaction.
Capital providers offer cutting edge terms to FCRFinancial and assign senior level professionals, oftentimes the decision-maker, to work with us because of our large business flow and technical expertise. We can work quickly and place a transaction within hours if necessary. We have closed an institutionally priced loan in eight business days and ‘hard money’ loans in two days.

Stephen began his real estate career by making his first real estate investment in 1974. Since that time, Stephen and his wife, Sherrie, have purchased and sold hundreds of investment and residential properties for clients and themselves.luding the analysis and suitability of converting funds invested in individual retirement accounts (IRA's) into tenant-in-common (TIC's) and other investment real estate. here his sales prowess led him to be promoted to branch management. Stephen held 7 securities licenses, including general securities principal, municipal securities principal, registered options principal, NYSE sales supervisor and general securities sales. As manager of Morgan Olmstead Kennedy and Gardner, a NYSE member, Stephen was responsible for nearly 100 brokers, 10 traders, a real estate syndication department, a public finance department and overall operations for the largest branch office in the company. Stephen began assisting key clients with tax planning while working in this capacity and still prepares income tax returns for many clients-a very useful background for real estate of all types.Stephen is a current member of the following community Boards, Commissions and Associations:

• Legislative Liason to the Governmental Affairs Committee for the California Association of Realtors (CAR)
• Rotary Club of Sausalito
• Marin Association of Realtors
• Chairman, Sausalito Sustainability Commission
• Director, Sausalito Rotary Housing Corporation
• Institute of Certified Commercial Investment Real Estate (CCIM)
• CIMNB (Marin Commercial Real Estate Board)
• California Association of Realtors/National Association of Realtors (REALTOR)
• Sausalito Chamber of Commerce
• National Association of Financial and Estate Planners

Stephen holds a Bachelor of Science Degree in Finance from San Diego State University and attended Golden Gate University Law School as well as the Graduate School of Business.  Stephen recently completed studies at William Howard Taft University, Witkin School of Law, where received a Juris Doctor degree.

He is a past Commodore of the Loch Lomond Yacht Club, he and Sherrie are currently members of the Sausalito Yacht Club and they live and work in Sausalito, CA.