Scotsman Guide > Commercial > Directories > February 2018

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Done Deals: February 2018


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

Past Done Deals are in the archives.  browse archives

Columbia Pacific Advisors
Seattle, WA
Contact: Billy Meyer  |  206-734-3979  |
Property Photo   Property: Senior housing
Purpose: Refinance
Loan Amount: $7,000,000
Location: Pullman, WA
Date Funded: December 2017

Columbia Pacific Advisors closed the refinance of a $7M bridge loan for an 81-unit/ 81-bed assisted living facility located in Pullman, WA.
Commercial Loan Center LLC
Blue Bell, PA
Contact: Carl Shorley  |  610-990-6050  |
Property Photo   Property: 4-unit residential
Purpose: Refinance
Loan Amount: $354,000
Location: Florida
Date Funded: November 2017
Broker Fee: $7,080

The borrower had converted a 4-unit residential property into an assisted living and 4 other lenders turned him down for property use. Not only were we able to refinance, we did it at 75% which is the maximum LTV under our 1 - 4 unit program.
Silver Hill Funding LLC
Coral Gables, FL
Contact: Michael Boggiano   |  844-346-2909  |
Property Photo   Property: Retail
Purpose: Refinance
Loan Amount: $1,755,000
Location: Lake Worth, FL
Broker Fee: $52,650

An investor wanted to refinance their retail property after purchasing and stabilizing it within a 24-month period. The broker knew there would be seasoning issues with traditional lenders, so she took the deal to Silver Hill Funding, LLC, who was able to fund the loan with no tax returns or 4506T required.
Fidelity Bancorp Funding
Orange, CA
Contact: Loan Financing Team   |  877-585-FUND(3863)  |
Property Photo   Property: Multifamily
Purpose: Purchase
Loan Amount: $1,000,000
Location: Santa Ana, CA

Don’t throw away loan dollars! Our Fidelity Bancorp Funding experience provided the opportunity to maximize loan dollars on a property that currently has below market rents. These are very solid experienced borrowers who are thrilled with this investment. 1031 Exchange.

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