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$440,000 Furniture Retial/Warehouse Refinance
Posted by Commercial Loans in Commercial Real Estate, Recent Closings
Bank was getting ready to foreclose on this property since the note was due and the client had failed to get financing to refinance it. His problem was that he had a horrible 2009 and though he had good financials for 2010, would not have his tax returns done in time before the foreclosure happened. We closed the deal with our private money bridge fund allowing him the time to file his returns, get his ducks in a row, and save the property which had good equity in it and he did not want to lose. Another day, another successful closing. If you have to refinance your commercial property for any reason call David Garrett at 310 456-1056
