09/05/2024
To continue the successful expansion of their retail center empire, one of our very close and valued owner-operator client came to us for additional capital.
We structured a creative $44,500,000 loan to help them turn the equity of their property into flexible capital for various use. $34,500,000 of it was a refinance of their original loan. We then tapped $10,000,000 for a working capital line which provides them the option, ability, and flexibility to use these funds for acquisitions, operations, and other future opportunities.
Great job to the rock star team Oliver King Loans, Stephen Siu, and Donna Chao for closing this! 👏👏👏