Hope all is well and you enjoyed your Thanksgiving!
We have recently closed a $3,200,000 loan to a leading Maryland engineering firm. The loan was made to Reynolds Estates, LLC a firm related to the borrowing entity specializing in accident investigation, failure investigation and safety management. The loan is secured by a 46,053 sq. ft. building situated on 4.05 acres consisting of office space, laboratories, and storage space. The property is in Stevensville, Maryland located directly across from Maryland’s capital Annapolis. The borrower plans to use the funds to refinance the current debt and for working capital.
If you have a loan in need of closing before the end of the year, there is still time. Please call me to discuss. Thanks