PROGRESS CAPITAL | Various Locations, NJ – $17,300,000
portfolio_page-template-default,single,single-portfolio_page,postid-14254,ajax_fade,page_not_loaded,,qode-child-theme-ver-1.0.0,qode-theme-ver-2.7,wpb-js-composer js-comp-ver-5.4.7,vc_responsive

Various Locations, NJ – $17,300,000

About This Project

$17.3 Million Refinance with $10 Million Cash Out


Kathy Anderson, led the team at Progress Capital in arranging the refinance of a commercial real estate portfolio with challenging conditions:


    1. Close in 60 Days
    2. Capture 60% Cash Out
    3. 20 Year Fixed Rate/25 Year Amortization
    4. Forward Rate Lock


Kathy’s knowledge of the client, financials on file along with immediate access and trusted relationships with the appropriate lenders, gave her the ability to refinance five of the client’s real estate assets, totaling $17.3 Million.


Properties included Rite Aid and Dunkin’ Donuts locations as well as a $2 Million business line of credit.


Progress Capital 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#thatsPROGRESS