ICA Completes 2012-1 Investment Period
Innovative Capital Advisors, LLC, originators of small balance commercial mortgage loans, announced the closing of its first lending period utilizing its new structure: ICA Investment Period 2012-1. The loans totaled $20,012,000 of small balance commercial loans originated by ICA. They consist of 14 loans from 9 states with an average current LTV of 69.16%, net…