News & Deals

HELVETICA FUNDED LOAN | $1.1M QUICK REFINANCE OF MATURING LOAN IN NORTH BEND, WA

Posted by Chad Mestler on Mar 6, 2019 2:00:18 PM
 
 
NORTH BEND, WA   - Helvetica funded a $1,100,000 bridge loan secured by a strip retail center in North Bend, WA.  The borrower  needed a quick close to payoff a matured loan and get cash out to pay for improvements on another property owned.  The property was 100% occupied.   Excessive bank paperwork, prepayment limitations and time constraints prevented the borrower from obtaining a conventional loan.  
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Topics: Deals, Loans, Brokers, retail

HELVETICA FUNDED BRIDGE LOAN | $3.2MM BIG BOX RETAIL BUILDING HANFORD, CA

Posted by Chad Mestler on Jul 5, 2018 2:12:45 PM
 
 
HANFORD , CA - Helvetica funded a $3,200,000  bridge loan  on a three unit, vacant, big box, retail building in Hanford, California.    The latest transaction to grace the Helvetica closing table was a cash out refinance, brought to us courtesy of a local  commercial  mortgage broker.  The broker partner  contacted Helvetica, on behalf of his client, who was seeking to refinance their existing debt that had recently matured as well as obtain cash out to perform tenant improvements and pay for leasing commissions. 
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Topics: Deals, Loans, Brokers, retail

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