Bison Closes $4.82 Million Acquisition Loan for Hotel to Multifamily Conversion

by David Repka

 

Bison announces their 2nd closing and funding for a local family that invests in turnaround properties.

Overview:

  • $4.82 million acquisition loan
  • Hotel to multifamily conversion loan to acquire an underutilized property in Downtown Tampa, Florida
  • In mid-2020 Bison closed a cash-out refi loan for the Sponsor at a fixed rate of 3.07% – LINK

Have a deal to discuss? Please send 6-8 bullet points to: dave@bisonfinancial.com or jared@bisonfinancial.com

Click to learn more about:
Bison's Track Record of successful closings