Bison Closes Retail Cash-Out Refinance Fixed at 4.5%

Bison announces a recent closing and funding for a local retail property.

Overview:

• $1 million refinance loan fixed at 4.5%
• Proceeds limited to 85% of all-in cost / 73% of stabilized value
• Enabled the ownership group to retire the acquisition loan and out of pocket costs incurred to refurbish the property for new tenants

Have a deal to discuss? Please send 6-8 bullet points to: moc.laicnanifnosibnull@evad or moc.laicnanifnosibnull@deraj