Deal Type: Cash-Out Refinance
Loan Amount: $700,000
This deal was a 10-year mortgage loan with a 30-year amortization. The property is a 24,930 sq. ft. commercial office building located in Jonesboro, GA.
Stronghill Capital was able to meet the borrower’s timeline by closing in a timely manner and providing funds to grow the borrower’s commercial real estate portfolio.