Tag: CMBS

by David Repka   Bison announces the closing and funding of a modification and expansion loan for $6.6 million on a familiar property in Downtown Tampa, Florida Overview: $6.6 million modification and expansion loan Client to acquire neighboring properties to increase Read More

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

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

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

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

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

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

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