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HELVETICA FUNDED BRIDGE LOAN | $850K RETAIL STRIP CENTER SEATTLE, WA

Posted by Chad Mestler on Mar 29, 2018 3:32:37 PM
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SEATTLE, WA - Helvetica funded an $850,000 broker originated bridge loan to refinance a retail strip center in outside of Seattle. The borrower was in need of a cash out refinance to pay off maturing debt and make property improvements. The borrower had limited documentation but decades of real estate ownership experience. Since the property had substantial equity, Helvetica was able to provide enough cash out for the borrower to make property improvements and reposition the asset for sale. Through great coordination with the loan broker, Helvetica quickly closed another low leverage bridge loan on a value add property. 
 
 
Helvetica offers a wide range of loan products for commercial and investment properties. We provide common sense underwriting and creative financing options. Contact us today for a quick close without the hassle of traditional bank financing. 
 
Deal Highlights:
 
  • Quick Close
  • Maturing Debt
  • Cash Out Refinance
  • Limited Documentation
  • Bridge Loan
  • Broker Submission
 
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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, Brokers, Small Balance