Mike
GBThey got us a loan! They got us a loan! We are a small HOA, 17 units, and couldn't find a loan anywhere even though our financials were good. ArchCapital found us a great loan within just a couple of days. Now we can do our rehab project! Thanks so much. - Canyon Park Townhomes
Mark Philips
GBIt has been a pleasure to work with…Larry It has been a pleasure to work with Larry! We have worked with him in two loans and both went extremely smooth. His incite was invaluable and worth the money. Would highly recommend his services. Mark Philips President of Tallgrass East HOA
Renee Beard
GBHand Holding When You Most Need It! We worked with Larry Kirschner who was responsive, informative and supportive through the entire process. If you are an HOA that isn't sure really how to begin this process Arch Capital Solutions is the way to go.
Rosalyn Pachter
GBAfter months of contacting local banks... After months of contacting local banks, we were unsuccessful in obtaining a loan with terms that would fit our Association’s needs. We have 400+ units ranging from studios to 3 bedrooms; needed $30M; a 2-year draw; and extended payback options. We were not surprised that our initial search for bank financing for $30 million was unsuccessful. It was not that local banks were totally unwilling. It was simply that they did not wish to extend terms for more than $10-15 million and not for more than 10-15 years. They did not appreciate that elevator modernization and domestic riser projects could not be broken up into smaller units without incurring substantial cost increases and major delays that risked catastrophic events. One of our members reached out to his contacts in the financing world to find brokers who were experienced with Associations and thus we connected with Arch Capital. We reached out and were pleased with the Arch Capital response. Larry Kirschner not only understood our situation, he had systems in place that allowed him to run numerous combinations of rates and terms and shared these results with detailed spreadsheets. In addition, he spent hours discussing various risks that we needed to consider including size of banks under consideration and their relevant experience with associations. He is very personable and worked hard to find suitable financing institutions. The results were well worth the consultant fee. If there were 10 *’s for ranking Arch Capital it wouldn’t be enough. Larry is an excellent listener, proactive and most important, understands the unique needs of an HOA. He guided us through every step of the process and provided further assistance on Special Assessment terms after the Bank loan was secured. 2626 N Lakeview Condominium Association Chicago IL
Mike Brooks
GBVery Satisfied The process went very smoothly and Larry was extremely helpful and responsive. Given that our Association is relatively small, I knew that it would be challenging to find a loan, but Larry was able to get things done relatively quickly and painlessly.