Deals
10TH MORTGAGE LENDING OPPORTUNITES
There are various off-market properties that 10th Real Estate manages, and we work with investors/buyers/portfolio managers, to assist in acquisition and financing.
CLOSED AND SUCCESSFUL TRANSACTIONS
Closed in 6 days!
Needed a rush refinance involving a war with the Attorney's at the Title company. No appraisal, cash close, won the battle with the attorneys!
$8MM Creative Commercial
Refinancing a commercial construction project before it's complete can be tricky, especially if you plan to get a fixed rate near 7%. We were successful and saved this project despite numerous hurdles that had other banks saying no way.
$2MM Multi-Family Apartment
Purchased an OFF-MARKET Multi-Family project, providing Private Capital investors, and closed in 35 days. Then stabilized, and after 12 months, refinanced at 5.92%.
$250K Equipment Refinance
Cash-out refinance of used equipment for credit risk profile with tax liens.
$8.5MM Commercial Refinance
Refinance 62 unit apartment building, at 20% occupancy, in order to refinance interim loan into 20 year note at 5.50%.