Scotsman Guide > Commercial > Directories > March 2019

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Done Deals: March 2019

 

The following closed deals are advertised in this month issue of Scotsman Guide Commercial Edition.

Past Done Deals are in the archives. browse archives


FEATURED DEAL
Columbia Pacific Advisors
Seattle, WA
Contact: Billy Meyer  |  206-734-3979  |  billym@columbiapacific.com
Property Photo   Property: Office
Purpose: Acquisition and refinance
Loan Amount: $5,100,000
Location: Atlanta, GA
Date Funded: September 2018

Columbia Pacific Advisors funded a loan for a $5.1M acquisition and refinance secured by two office and medical office properties located in Atlanta, GA. Loan proceeds were utilized to acquire and provide tenant and capital improvements for the medical offices as well as refinance the office property.
   
FEATURED DEAL
Commercial Loan Center LLC
Blue Bell, PA
Contact: Carl Shorley  |  610-990-6050  |  info@clcllc.net
Property Photo   Property: Mobile home park
Purpose: Refinance
Loan Amount: $1,700,000
Location: Iowa
Date Funded: November 2018
Broker Fee: $17,000

$1,200,000 cash out. Borrower had difficulty financing due to property being a co-op. We liked the property due to a high debt service ratio and found a solution to the vesting issues so we could close. Property also had some environmental concerns. We obtained a one-off environmental insurance policy to close.
   
FEATURED DEAL
Silver Hill Funding LLC
Coral Gables, FL
Contact: Juan Barcelo  |  844-346-2909  |  info@silverhillfunding.com
Property Photo   Property: Retail
Purpose: Cash-out refinance
Loan Amount: $700,000
Location: Charlotte, NC
Broker Fee: $14,000

A business owner in North Carolina had to quickly find an alternative solution after their lender decided not to approve their cash-out request. Silver Hill Funding, LLC helped the borrower secure the cash they needed with a 7-year, fully-amortizing loan.
   
FEATURED DEAL
Fidelity Bancorp Funding
Orange, CA
Contact: Loan Origination Team  |  877-585-FUND (3863)  |  info@fbfloans.com
Property Photo   Property: Commercial
Purpose: Purchase
Loan Amount: $4,450,000
Location: Lake Forest, CA

Featuring a business and real estate acquisition - we were able to get our borrower 90% LTV on a 5 year fixed! We are able to service our client’s entire portfolio. Multifamily | Commercial | Owner-User & SBA | Bridge Loans : Contact us today! (877) 585-FUND


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