MARCH FEATURED DEALS
To list your closed loan, contact email@example.com or call (800) 297-6061
The following companies are proud to announce these closed loans.
Purpose: Cash-out refinance
Loan Amount: $1,155,000
Location: Brooklyn, NY
Broker Fee: $34,650
A business owner in New York needed to take cash out
of their commercial mortgage in order to pay off tax liens.
Their broker took the deal to the experts at Silver Hill
Funding, LLC who were able to finance the loan
and provide the cash-out the borrower required.
Property: 4-unit residential
Loan Amount: $354,000
Date Funded: November 2017
Broker Fee: $7,080
The borrower had converted a 4-unit residential
property into an assisted living and 4 other lenders
turned him down for property use. Not only were
we able to refinance, we did it at 75% which is the
maximum LTV under our 1 - 4 unit program.
Property: Senior housing
Columbia Pacific Advisors closed the refinance
of a $7M bridge loan for an 81-unit/ 81-bed
assisted living facility located in Pullman, WA.
Loan Amount: $1,400,000
Location: Waynesboro, VA
Fidelity Bancorp Funding is where complex clients
are welcome nationwide. FBF was able to overcome
some credit challenges in addition to a very small
MSA. This property had some great opportunities
being 100% occupied in addition to the investor
having some very strong investment property
83 Scotsman Guide Commercial Edition |
ScotsmanGuide.com | March 2018