Mt Vernon, NY
5 Story Office/Retail Building
CMBS Product - 10yr Fixed / 30yr Amortization
LFCP facilitated a 1.4mm I.O. bridge loan for the sponsor in order to clear a hard maturity default deadline. 1 year later, via our CMBS cap partners, LFCP provided a 10yr Fixed perm loan to recap the property. 3 out of the 4 office floors are under a Master Lease controlled by the Sponsor. Approx 30 day closing from signing of term sheet.
Established 2012, we offer NATIONWIDE Commercial Real Estate Lending Solutions
* LFCP is a CRE Consultancy with Nationwide Capital Partners.
We are not a Direct Lender or Bank.
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