$28.55 Million Perm Loan Funded
|ST PETERSBURG, FL – Bison Financial Group, a real estate advisory firm based here, announces the closing and funding of a permanent cash-out refinance loan for $28.55 million.
Bison arranged the perm loan cash-out refi on a portfolio of single-family rental and apartment units scattered across the Central Florida area. There were a total of 304 units located among 182 properties. The loan was non-recourse and the 6th closing Bison has arranged with the lender.
|Fun fact: The properties are located in the Tampa and Orlando MSA’s with Bison working with one of their favorite repeat borrower’s for a fantastic transaction for all parties.
The principals of Bison Financial Group can tailor a similar loan scenario across all aspects of the commercial income producing real estate spectrum.