by Michael Gross | Jul 3, 2011 | Uncategorized
Dental Practice Loan Consolidation – CLOSED! Where? Atlanta, GA Type: This was a conventional loan with a 25 year amortization. The financing provided for the consolidation of several smaller loans plus money to purchase another dental practice to expand...
by Michael Gross | May 14, 2011 | Uncategorized
Construction Bridge Loan – CLOSED! Where? Stone Mountain, GA Type: Owner paid $600K for a property to convert into an Event Center. Due to cost overruns and hidden expenses they were funds and couldn’t get their CO. Owner had a two year prelease for...
by Michael Gross | Apr 17, 2011 | Uncategorized
Cash Out Refinance – Closed! Where? Atlanta, GA Type: This was a conventional loan with a 25 year amortization and 10 year fixed term. The cash out refinance was for expansion of an upper floor to expand office space to accommodate the companies growth. ...
by Michael Gross | Apr 14, 2011 | Uncategorized
Where? Memphis, TN Type: Bridge loan; On the purchase of an apartment complex that did not have the necessary occupancy to get a normal loan and the client wanted to close quick. From the time the client signed our term sheet to the closing was a whopping 18...
by Fred Barber | Apr 13, 2011 | Uncategorized
Where? Louisville, KY Type: SBA 7a program These were all leased properties. The size of the deal and the fact that no real estate was involved made it tough for most lenders but we got it closed! When you are thinking about acquiring a business, starting a business...
