Memphis, TN This bridge loan on the purchase of an apartment complex did not have the necessary occupancy to get a normal loan, and the client needed to close quickly. The time it took from when the client signed our term sheet to the closing was only a whopping 18 days! NOT business days, actual calendar…
Continue reading $1,950,000 – Bridge Loan – Apartment Complex
Germantown, TN This was a purchase of an apartment complex with an occupancy lower than 85% – and thus could not qualify for conventional financing. However, we were able to get the deal done with a bridge loan source that closes quickly. Once this proven operator restores the building to full occupancy, it will be easy…
Continue reading $2,000,000 – Bridge Loan – Multifamily Acquisition
Athens, TX This was a purchase of two separate car washes in two different locations. We were able to combine the acquisition of both locations under one bridge loan/mortgage and put them in a great program that gave them competitive rates and terms! Looking to purchase a special-use property? Give us a call today at…
Continue reading $480,000 – Bridge Loan – Purchase of 2 Car Washes
New Orleans, LA This client needed capital to restock on inventory and they needed capital for marketing. Due to their cash flow history and strong credit, we were able to get them the money they needed – and FAST! Call us today at 888-959-1648 if your business is in need of additional capital to grow!
Bradenton, FL This was a simple purchase of an industrial condo in Florida from one family member to another. We found the right program to help the clients purchase the property quickly & have a smooth closing. If you’re looking to purchase a property, give us a call at 888-959-1648!
