Columbia, SC
Property: Retail
Deal Type: Rate-term Refi
Loan Amount: $1,000,000
The borrower purchased this vacant retail property in 2017 and spent 12 months leasing and stabilizing the property. They were looking to refinance out of a hard money loan used originally for the purchase and get cash out for reserves and other property investments. The process took approximately 3 weeks from start to finish.
