SFG Successful Deal

No Time for the Bank!

Repeat Borrower and experienced developer in South Western States approached SFG once again for acquisition financing after the bank failed to step up in a timely manner.  With less than two weeks until closing, SFG closing and underwriting team immediately tackled the project.  Fortunately, this experienced borrower  had all third-party reports in hand to help facilitate the short-fuse closing.  Additionally, this site is large enough to sub-divide and Borrower had two potential users in tow (including a build-to-suit Starbucks for the hard corner).  SFG will provide construction financing for the Starbucks build and also provided a mezzanine piece to satisfy Borrower’s leverage parameters.

This transaction illustrates how Borrower and Lender working together can solve complicated deal points in a short amount of time.  Have a deal with many different pieces?  Call an SFG Underwriter today and together we can close your deal!

3 Convenient Locations

Call Us Today For A Free Consultation! Or chat with one of our team members now!

SFG Funds Map Marker

SEATTLE

1.888.734.3863

SEATTLE

1.888.734.3863

SFG Funds Map Marker

Scottsdale

1.480.450.3980

Scottsdale

1.480.450.3980

SFG Funds Map Marker

San Diego

1.858.751.0556

San Diego

1.858.751.0556

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