AUGUST FEATURED DEALS
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The following companies are proud to announce these closed loans.
Loan Amount: $1,440,000
Location: Englewood, CO
Broker Fee: $48,000
When a business owner saw that their bank would take
4-6 months to fund their loan, they began looking for
alternative solutions. Their broker took the deal to Silver
Hill Funding, LLC, who managed to close in a fraction of
the time. The owner-occupied deal was funded through
Silver Hill’s Complete Program.
Loan Amount: $20,250,000
Date Funded: June 2018
Columbia Pacific Advisors provided an acquisition
loan of $20.25M for bridge to stabilization. A portion of
the proceeds were allocated to complete a significant
amount of capital improvements. The loan is secured by
5 multifamily properties, totaling 734 units, located in the
greater Atlanta, GA area.
Loan Amount: $439,800
Location: Long Beach, CA
As a long-term tenant, when our client did not
have the cash flow to reach the necessary loan
amount, FBF leveraged its experience to strategize
together on how to grow the business and complete
a projection based loan. Though the probate sale
posed another challenge, we still closed on time.
Loan Amount: $123,750
Location: Baltimore, MD
Date Funded: May 2018
Broker Fee: $4,950
The owner purchased and rehabbed this duplex with
a 24% hard money loan. We refinanced with less than
12 months seasoning and put the borrower in the 7’s in
less than 30 days when no banks would give full equity
appreciation/value. This was the only duplex in an area
of SFRs and we still found comps.