Blog

Bison Closes $28.55 Million Perm Loan on Rental Portfolio

by David Repka   Bison announces the closing and funding of a permanent cash-out refinance loan. Overview: $28.55 million non-recourse loan Portfolio of 304 single-family rental and apartment units over 182 properties Repeat borrower and 6th closing with lender Have Read More

Bison Closes $11.5 Million Loan on Covered Land Play

by David Repka   Bison announces the closing and funding of a covered land play refinance loan. Overview: $11.5 million loan on a 3-year term Rate of 6% with 24-months Interest Only Recourse on only $1 million Have a deal Read More

Bison Closes $4.6 Million Refi Loan for AL MC Senior-Care Facility

by David Repka   Bison announces the closing and funding of an Adult Living, Memory Care Senior Housing Facility refinance loan. Overview: $4.641 million loan Rate of 2.85% fixed for 35 years Non-recourse, no balloon, fully amortizing Property located in a Read More

Bison Alert! – Washington DC Tax Proposal | Bison Financial Group

by David Repka Bison Financial Group principal, David Repka, was recently alerted by a colleague of the newly proposed tax plan coming out of Washington, DC in October 2021 and had the following takeaways…. W A S H I N Read More

Bison Discusses What to Expect in the Construction Lending Sector in Q4 2021

by Jared Repka Bison Financial Group principal, David Repka, was recently interviewed by a national commercial real estate publication to discuss his views on where the construction lending market is headed in Q4 2021…. Q: What are your predictions for Read More

Bison Closes $4.4 Million Acquisition Loan for Adult-Care Facility

by David Repka   Bison announces the closing and funding of an SBA 7(a) acquisition loan for an Upstate NY Adult-Care Facility. Overview: $4,429,000 SBA 7(a) acquisition loan Fixed rate 10-year term Bison negotiated to allow for a seller held Read More

Bison Closes $4.8 Million Refi Loan for Class C Multifamily

by David Repka   Bison announces another closing and funding for a longtime client that invests in turnaround properties. Overview: $4.8 million refinance loan Non-recourse, cash-out with 6 years of interest-only payments Workforce housing property that was recently acquired, rehabbed, Read More

Bison Closes $1 Million Working Capital Line of Credit

by David Repka   Bison announces the closing and funding of a working capital line of credit. Overview: $1 million LOC fixed at 6% No real estate collateral required (that’s amazing!) Enabled a local, fast growing pest control company the Read More

Bison Discusses What to Expect for the Single-Family Rental Sector in 2021

by Jared Repka Bison Financial Group principal, David Repka, was recently interviewed by a national commercial real estate publication to discuss his views on where the single-family residential lending market is headed in 2021…. Q: What are your predictions for Read More

Bison Closes Retail Cash-Out Refinance Fixed at 4.5%

by David Repka   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 Read More