Refinance Loan – $4,275,000 – Hilton Head, SC – Bison Closes $4,275,000 Million Loan on 101,000 sf Industrial Warehouse Property
ST. PETERSBURG, FL – Bison Financial Group arranged a refinance loan for a 101,000 sf industrial property in Hilton Head, SC with a low cost, non-recourse, bridge loan for $4,275,000 million.
The loan arranged by Bison was for a property in a tertiary location that had been in forbearance for 8+ years and provides a holdback to make needed capital improvements to the property.
After learning of the challenges on the loan request, the Bison team rolled up their sleeves and got to work with the client and pressed forward to a very positive outcome. From their client, “Now that the dust has settled, we want you guys to know how much we appreciate all the effort you put into helping get the refinance put to bed. It may sound trite, but we couldn’t have done it without you. We enjoyed working with you and look forward to more transactions in the future.”