THE CHALLENGE: A Massachusetts real estate investor contacted Progress Capital to refinance a 30,000 SF NNN Whole Foods in Morristown, NJ with following challenges:
THE SOLUTION: Kathy Anderson and the team at Progress Capital were able to negotiate the below loan terms which provided the borrower with a cash out today and the ability to sell the property without prepay in the future.
Progress Capital’s loan programs include Fixed Rate Loans, Construction and Specialty Financing as well as Directly Funded Bridge Loans. With over $40 Billion in closed loans and $100 Million in bridge and direct lending, we will get you to the closing table … plain and simple.
For more information, visit our website at www.ProgressCapitalAdvisors.com or click below and check out our latest brochure.