LOAN AMOUNT: $6,000,000
LOAN TYPE: Light Manufacturing
STATUS: Paid Off
DESCRIPTION: This was one of our largest loans at $6M, provided to an owner facing foreclosure with their current lender. They needed short-term financing to regain stability, allowing them to reposition the property and secure new tenants. The takeout loan was arranged for a larger amount with another lender, facilitating a successful turnaround.