$3,850,000 Multifamily Purchase

Posted by in Brian's Blog, Commercial Real Estate, Recent Closings

Where: Memphis, TN

Type:  Re-hab/Bridge Loan on an apartment complex.   This was a property in serious need of repairs with a very low occupancy number.  We got the clients a bridge loan in about 3 weeks and that speed allowed them to save thousands on the price.  Within months, they will have it fully occupied and then we will refinance them to long term conventional financing.  Bring us your commercial needs and likely, we can work a strategy to help you achieve your goal.  Call Brian Peart today at 866-355-1244!