by David Repka
Bison announces the closing and funding of a land loan on the waterfront in Baltimore, MD
Overview:
- $11 million refinance loan closed in 24 days from executed Term Sheet
- Cash-out refinance for entitled land for 1,500 units and 140k sf of retail / office
- Attractive partial pay downs as property is sold in phases
- Reduced the loan rate from 11% to 8% fixed
Have a deal to discuss? Please send 6-8 bullet points to: moc.laicnanifnosibnull@evad or moc.laicnanifnosibnull@deraj
Click to learn more about:
Bison's Track Record of successful closings