05 Jul Aggressive offer and Quick Close
Retail property
Aggressive offer and Quick Close
commercial loan
$800,000
Location
Springfield, OR
Quick Close
The building had already been renovated, yet nearly all of the tenants were on month-to-month leases, making it difficult for the buyer to obtain conventional financing. We stepped in and helped close the loan, and the investor began the process of leasing up the building with long term tenants. Once everything was stabilized, our client was able to refinance the property with a local bank.
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