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$3,400,000 Dental Practice Loan Consolidation

$3,400,000 Dental Practice Loan Consolidation

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...
$250,000 Construction Bridge Loan to Finish  Event Center

$250,000 Construction Bridge Loan to Finish Event Center

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...
$545,000 Cash Out Refinance of an Office Condominium

$545,000 Cash Out Refinance of an Office Condominium

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. ...
$1,950,000 Apartment Bridge Loan-closed in under 3 weeks

$1,950,000 Apartment Bridge Loan-closed in under 3 weeks

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...
$2,640,000 Purchase of 4 Burger Kings using SBA 7a

$2,640,000 Purchase of 4 Burger Kings using SBA 7a

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...

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