News & Deals

HELVETICA FUNDED BRIDGE LOAN | $682K RETAIL BUILDING IN ORLANDO, FL

Posted by Ben Wilson on Mar 29, 2018 3:31:29 PM
 
ORLANDO, FL -  Helvetica announced the funding of another broker originated  bridge loan to purchase a single tenant NNN restaurant building .   The borrower purchased the building with a tenant in place and was in need of a quick closing. The relative short-term of the current lease and the  time sensitive  nature of this deal required  private money  financing for the purchase. The borrower intends on re-signing the current tenant to a longer term once the current lease nears expiration.
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Topics: Deals, Loans, Brokers, NNN, Small Balance

HELVETICA FUNDED LOAN | $1.766MM BRIDGE LOAN ON 3 NNN RETAIL PROPERTIES IN COLUMBUS, OH

Posted by Ben Wilson on Oct 21, 2017 1:21:23 PM
 
COLUMBUS, OH - Helvetica funded another broker originated  $1,766,000 bridge loan to refinance and consolidate maturing debt on three NNN retail buildings with complex title issues The subject collateral consisted of two Burger King restaurants and one two-tenant retail building which featured Sherwin Williams as the anchor tenant. 
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Topics: Deals, Loans, Brokers, NNN, Small Balance