Assist a well-established, family-owned real estate developer with the refinance of current debt
Challenge
Negotiate with current bank or identify a bank that would have an appetite for the refinance of a long-term note with minimal disruption, and while keeping reputation and relationships intact.
Services
Loan & Banking Placement Services
Investment Commercial Real Estate
Solution
Secured a 1 ½% rate reduction on >$5.6MM in existing loans with no change in stated maturity dates. Limited documentation was required.