Crazy Assisted Living Deal

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

This was a small assisted living facility in CA and the sellers were in prison and the lender was looking to foreclose.  Because of the potential legal issues with the seller-no one wanted to touch the deal.  But we looked past that and got them an SBA 7A loan.  Sure, it took some time since signing the seller side documents meant going to the prison, and most conditions had to be reviewed by attorneys but we got it closed!

At Commercial Capital, we find ways to close loans, not reasons to deny them.  That difference makes ALL the difference in getting loans actually closed!  Give us a call today!