$4.3M Construction on Spec Flex Building
Kathy Anderson closed a $4,300,000 construction to permanent loan for a 41,000 sf office and industrial flex space building on a 5 acre site in Livingston, NJ with no pre-leasing. The loan begins with a two-year construction period followed by a 25 year term based on a 25 year amortization.
Kathy has more than 25 years of banking and finance lending experience. Her proficiency in originating and underwriting commercial loans with regional banks, insurance companies and investment banking firms has earned her recognition within the industry. Highly regarded by both her clients and lending sources, Kathy serves on the Board at Regal Bank, headquartered in Livingston, NJ, has been retained as an expert legal witness in commercial real estate litigation and is frequently featured as speaker at industry conferences.
Progress Capital is a commercial real estate advisory company serving clients since 1990. With over $40 Billion in closed loans and $150 Million of directly funded bridge loans, we will get you to the closing table… Plain and Simple. #thatsProgress