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» $1.8MM Industrial/Warehouse - Portland, OR

Posted by Loan Closed

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The sponsor approached Avatar for a cash-out refinance to take advantage of an opportunity to expand the sponsor's separate wholesale automotive business. Avatar was able to provide the sponsor with the cash out needed and close the loan within the short time frame required.

  • Loan Amount: $1,800,000
  • Broker's Commission: $36,000
  • LTV: 65%
  • Interest Rate: 8.50%
  • Term: 24 Months


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