Our Borrower rehabbed another retail property in the very hot eclectic Art District of Downtown Las Vegas. The city has put a ton of improvements and energy into redeveloping The Art District of Vegas with new sidewalk, new street lighting, and infrastructure to improve the tenant base and clean up this area of the city.
The Borrower had put in all the physical improvements to the property and had the property 100% leased. Now the borrower needed to get some rehab capital back out for his next big project. SFG was quick to react to get the client what he needed while the new tenants establish a history and then get some long term bank financing.
SFG can help provide your client the time they need to get back to a conventional loan!