Property: Industrial Warehouse
Deal Type: Cash-Out Refinance
Loan Amount: $910,000
This deal was a 10-year mortgage loan with a 25-year amortization. The property is a 26,009 sq. ft industrial warehouse located in Fraser, Michigan.
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 investment portfolio.