JULY 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.
Loan Amount: $371,000
Location: Brookshire, TX
Broker Fee: $9,843
Silver Hill Funding, LLC helped an investor who was
looking to purchase a property in Texas. Documentation
and occupancy issues made the deal a great fit for Silver
Hill’s Lite Doc Investor Program. Thanks to this solution,
the borrower was able to secure financing without having
to provide tax returns.
Loan Amount: $25,500,000
Location: Cincinnati, OH
Date Funded: May 2018
Columbia Pacific Advisors provided an acquisition loan for
$25.5M on a value-add and reposition bridge to refinance.
The loan is secured by 18 multifamily properties located
throughout Cincinnati, OH. CPA provided the borrower with
the necessary funds to acquire the portfolio and complete
the capital improvements.
Loan Amount: $1,725,000
Location: Durant, OK
FBF successfully placed $1.725M in financing for a
multifamily portfolio in the Midwest. While the deal
required a slight holdback for deferred maintenance,
FBF leveraged its strong lender relationships and
emphasized the experience of the borrowers to
overcome the issue.
Property: Mobile home park
Loan Amount: $2,000,000
Location: South Carolina
Date Funded: April 2018
Broker Fee: $30,000
The borrower needed a low doc program that
permitted park owned homes. Most lenders don’t like
park owned homes, but CLC closed the loan without
giving any value to home income. Without using any
trailer rental income, CLC was able to underwrite just
the pads to achieve 80% LTV.