Renovations can be very expensive, especially for a commercial office building. So instead of reaching into their pockets, our borrower decided to pull cash out of the property through a Capital Fund I commercial bridge loan and use it to update the property as well as refinance
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Loan Amount: $200,000 Interest Rate: 11.9% Loan Term: 6 Months Property Type: Retail Strip Loan Type: Commercial Bridge and Rehab This commercial bridge loan was exciting to put together. Our borrower wants to give this old commercial retail space a much-needed update by renovating it into a
Read more →It’s no secret construction for commercial real estate has been booming along Tempe Town Lake for the past several years. Commuters are all too familiar with the roadblocks and construction along Mill Avenue. But Tempe Town Lake could continue to be the beacon in the Valley for
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