News & Deals

HELVETICA FUNDED LOAN | $2.7M BRIDGE LOAN TO RETAIL CENTER IN HINDSDALE, NH

Posted by Jaden Jeter on Oct 5, 2017 7:43:30 AM
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HINSDALE, NH - Congratulations to Jaden Jeter for closing a $2,700,000 commercial real estate bridge loan in Hinsdale, NH.  Helvetica funded the refinance of a matured loan and financed the TI for a new credit anchor tenant in a 122K square foot retail center.  High vacancy, lease expirations, speed of execution, seasoning and DSCR hurdles prevented this borrower from getting conventional financing.  We continue to fund the #unbankable.  Reach out to discuss your difficult commercial real estate loan.  During underwriting, the borrower negotiated a long term lease for a big box anchor tenant.  Several title exceptions remained from a legacy lease with Walmart that required a remedy. 

 Helvetica provided competitive financing in order for the borrower to close on the property within a short time frame. Due to the management team’s experience and expertise they were able to conduct due diligence, underwrite and process the loan while navigating challenging title issues. The team was able to close simultaneous with the execution of the lease. 

Helvetica offers a wide range of loan products for commercial and investment properties. We provide common sense underwriting and creative financing options for every loan scenario. Contact us today for a quick close without the hassle of traditional bank financing.
 
Deal Highlights:

  • Speed of execution
  • High vacancy
  • Seasoning
  • Insufficient DSCR
  • Title issues
  • New anchor tenant lease
  • Bridge Loan
 
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 About Helvetica

The Helvetica Group is a a real estate investment bank and family office providing innovative private lending, distressed asset acquisitions, brokerage, investment management and family office services. Helvetica aggregates investor capital in pursuit of greater alpha by targeting diligently underwritten, alternative investments secured by real estate assets. Helvetica is a direct lender and invests on behalf of individual investors, trusts, pension plans, retirement funds and institutional investors. We work closely with brokers, bankers, lenders and financial advisors as strategic partners to provide clients with fast access to financing, affording them the opportunity to quickly leverage their real estate assets. The Helvetica Group and its affiliates provide alternative financing secured by a variety of property types including: residential, retail, office, apartments, storage, RV parks, mobile home parks, light industrial, mixed use and other special use properties.

Topics: Deals, Loans