Location: Spokane, WA Loan Amount: $8,200,000 Challenge Our client was looking to convert an office building into a multi-family project, but lenders were not interested in the location and conversion projects like this: Issues The Location did not fall within the...
Location:- Yuma AZ Loan Amount:- $1,600,000 Challenge Our client was looking to refinance their portfolio of multi-family properties but was unable to secure permanent financing because of the given reasons below: The borrower built this center from the ground up,...
Location:- Dayton OH Loan Amount:- $1,500,000 Challenge Our client’s current loan matured and was having problems finding a lender willing to finance the property due to very low credit scores as well as a lack of liquidity, and was facing foreclosure if funding was...
Location:- Federal Way WA Loan Amount:- $3,850,000 Challenge Our borrower’s bridge loan had come due 18 months prior, and numerous lenders had tried to refinance the borrower’s empty retail center without any success. The borrower’s property was in foreclosure and...
Location:- East Hampton, NY Loan Amount:- $2,000,000 Challenge Our borrower was buying an investment property in The Hampton in NY for $2,000,000. 2 of the client’s previous lenders were not able to fund the deal as their money was put on the sidelines until the...