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Short-Term Bridge Loan in Shrewsbury, MA


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.


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.

  • Location: Shrewsbury, MA
  • Property Type: Warehouse
  • Loan Type: Refinance
  • Loan Program: Short-Term Bridge Loan
  • Amount: $4,395,000

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