Need:
The Sponsor needed to refinance out of a conventional loan due to the buildings occupancy quickly dropping to zero after a tenant was bought by an overseas company and moved abroad.
Solution:
Verus Commercial Real Estate Finance provided a 24-month bridge loan with an interest reserve to allow the Sponsor time to lease up the vacant space.
Contact an Originator
Our team of seasoned professionals is here to help you navigate the financial transactions that drive your success. Speak with us today to see how we can help.
Contact Now
