All Discussions Tagged 'Discount' - Real Estate Finance2024-03-29T02:26:54Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=Discount&feed=yes&xn_auth=noPress Release: Bridge Loan on Land in Pennsylvaniatag:realestatefinance.ning.com,2014-10-12:6517464:Topic:2014172014-10-12T13:22:33.540ZH. Jack Millerhttps://realestatefinance.ning.com/profile/HJackMiller
<p>October 12, 2014</p>
<p>For Immediate Release:<br></br>Huntingdon Valley, PA. / Fort Lauderdale, FL.</p>
<p>GFCIB and Advisors, LLC announced that it has secured financing through its affiliated company, DIP Lending, LLC for a private real estate partnership in Pennsylvania. The ownership engaged GFCIB and Advisors, LLC to provide exclusive financial advisory and loan placement services to them.</p>
<p>Managing member, H. Jack Miller said “On this deal we represented the ownership of a parcel of…</p>
<p>October 12, 2014</p>
<p>For Immediate Release:<br/>Huntingdon Valley, PA. / Fort Lauderdale, FL.</p>
<p>GFCIB and Advisors, LLC announced that it has secured financing through its affiliated company, DIP Lending, LLC for a private real estate partnership in Pennsylvania. The ownership engaged GFCIB and Advisors, LLC to provide exclusive financial advisory and loan placement services to them.</p>
<p>Managing member, H. Jack Miller said “On this deal we represented the ownership of a parcel of commercial development land in Montgomery County, Pennsylvania that had the land under agreement of sale. There was an opportunity with its existing lender to pay it off and receive a substantial discount” GFCIB arranged for a refinance on the property to take advantage of the discount the bank was offering through an affiliated company DIP Lending, LLC.</p>
<p>Mr. Miller said that “We have done numerous transactions with this client and like most of our transactions they are repeat clients and referrals and it is very gratifying when they are pleased and keep coming back”</p>
<p>GFCIB and Advisors, LLC, a nationally recognized advisory firm for commercial real estate owners, developers, builders and mid-sized businesses, GFCIB focuses on providing advisory services to clients, including restructuring, workouts, and financing.</p>
<p>DIP Lending, LLC is a private lender of companies in Chapter 11 Bankruptcy or under financial distress.</p>
<p>For additional information contact:<br/>H. Jack Miller<br/>215-947-2974 ext 238<br/>JackMiller@GFCIB.COM</p> Press Release: Closed Ohio 474,000 sq ft office Building Bridge Loantag:realestatefinance.ning.com,2014-10-12:6517464:Topic:2014152014-10-12T13:21:45.110ZH. Jack Millerhttps://realestatefinance.ning.com/profile/HJackMiller
<p>October 11, 2014</p>
<p>For Immediate Release:<br></br>Huntingdon Valley, PA / Fort Lauderdale, FL</p>
<p>GFCIB and Advisors, LLC is pleased to announce that it has once again successfully closed a bridge loan refinance transaction for a sophisticated private real estate investor located in Cleveland, OH. The ownership of a long standing existing client had engaged GFCIB and Advisors, LLC to provide exclusive financial advisory and loan placement services to them.</p>
<p>The collateral was a…</p>
<p>October 11, 2014</p>
<p>For Immediate Release:<br/>Huntingdon Valley, PA / Fort Lauderdale, FL</p>
<p>GFCIB and Advisors, LLC is pleased to announce that it has once again successfully closed a bridge loan refinance transaction for a sophisticated private real estate investor located in Cleveland, OH. The ownership of a long standing existing client had engaged GFCIB and Advisors, LLC to provide exclusive financial advisory and loan placement services to them.</p>
<p>The collateral was a Class B office 474,000 sq ft 18 story office building as well as 6 story parking garage. There was in place existing financing with a major life insurance company, which we negotiated a substantial reduction in the pre-payment penalty with and then obtained replacement financing for the ownership, which included a substantial amount for future improvements to the building.</p>
<p>GFCIB and Advisors, LLC, a nationally recognized financial advocate and advisory firm for commercial real estate owners, developers, builders and mid-sized businesses.</p>
<p>We spend a lot of time getting to know our clients, the projects and our client’s goal. Then we work with all stakeholders to get the best possible outcome; sometimes this includes obtaining a discounted note purchase financing, loan and mortgage modifications, and financial restructuring with or without new equity.</p>
<p>Protecting, advocating and satisfying the needs and desires of our client’s one transaction at a time.</p>
<p>For additional information contact:<br/>H. Jack Miller<br/>215-947-2974 ext 238<br/>JackMiller@GFCIB.com</p> $24,700,000.00 in Discount Note Purchase Financing Closedtag:realestatefinance.ning.com,2014-07-06:6517464:Topic:1866562014-07-06T20:44:19.905ZH. Jack Millerhttps://realestatefinance.ning.com/profile/HJackMiller
<p><span>July 5, 1014</span></p>
<p><span>For Immediate Release:</span></p>
<p><span>Huntingdon Valley</span><span>, PA.</span> <span>/Fort Lauderdale, Fl.</span></p>
<p><span>GFCIB and Advisors, LLC, a nationally recognized advisory firm for commercial real estate owners, developers, builders and mid sized businesses, announced that it has once again successfully closed on a discounted note purchase financing loan this is the third phase of a much larger transaction for a Private Real Estate…</span></p>
<p><span>July 5, 1014</span></p>
<p><span>For Immediate Release:</span></p>
<p><span>Huntingdon Valley</span><span>, PA.</span> <span>/Fort Lauderdale, Fl.</span></p>
<p><span>GFCIB and Advisors, LLC, a nationally recognized advisory firm for commercial real estate owners, developers, builders and mid sized businesses, announced that it has once again successfully closed on a discounted note purchase financing loan this is the third phase of a much larger transaction for a Private Real Estate partnership located in the suburbs of Philadelphia. This transaction closed at $14,000,000.00 on a 231,000 sq ft power center in South New Jersey. Between all three closings it was 354,000 sq ft of commercial retail and office space totally $24,700,000.00. The ownership engaged GFCIB and Advisors, LLC to provide exclusive financial advisory and loan placement services to them.</span></p>
<p><span>This combined deal included discounted note purchase financing, Tenants in Common, as well it had a construction component to it. </span></p>
<p><span>Negotiating a discounted payoff and brining in new financing was a great result for all parties, said H. Jack Miller who personally handled this transaction.</span></p>
<p><span>We spend a lot of time getting to know our clients, the projects and motivations everyone has, then we work with all stakeholders to get the best possible out come, sometimes this included obtaining a discounted note purchase financing, loan and mortgage modifications and financial restructuring with our without new equity.</span></p>
<p><span>Protecting, advocating and satisfying the needs and desires of our client’s one transaction at a time.</span></p>
<p><span>For additional information contact:</span></p>
<p><span>H. Jack Miller<br/> 215-947-2974 ext 238<br/> JackMiller@GFCIB.COM</span></p> Discounted Note Purchasing Financing on Commercial Real Estate in Foreclosuretag:realestatefinance.ning.com,2014-04-29:6517464:Topic:1725302014-04-29T23:48:50.207ZH. Jack Millerhttps://realestatefinance.ning.com/profile/HJackMiller
<p>April 29, 2014</p>
<p>For Immediate Release:</p>
<p>Huntingdon Valley, PA. /Fort Lauderdale, FL.</p>
<p>GFCIB and Advisors, LLC, a nationally recognized financial advocate and advisory firm for commercial real estate owners, developers, builders and mid sized businesses, announced that it has once again successfully closed on a discounted note purchase financing transaction for a Private Real Estate partnership located in the suburbs of Philadelphia. The ownership engaged GFCIB and Advisors,…</p>
<p>April 29, 2014</p>
<p>For Immediate Release:</p>
<p>Huntingdon Valley, PA. /Fort Lauderdale, FL.</p>
<p>GFCIB and Advisors, LLC, a nationally recognized financial advocate and advisory firm for commercial real estate owners, developers, builders and mid sized businesses, announced that it has once again successfully closed on a discounted note purchase financing transaction for a Private Real Estate partnership located in the suburbs of Philadelphia. The ownership engaged GFCIB and Advisors, LLC to provide exclusive financial advisory and loan placement services to them.</p>
<p>The collateral involved was a Class A office building consisting of 40,000 square feet which was put in foreclosure by a major national default servicer. A sheriff sale date was set. To make matters more complicated, the asset was owned by its partners in Tenants in Common (“TIC”) structure. The TIC aspect just added another layer to deal with amongst the partners.<br/>“Negotiating a discounted payoff and obtaining new financing was a great result for all parties”, said H. Jack Miller who personally handled this transaction. In addition, Miller stated:</p>
<p>“We spend a lot of time getting to know our clients, the project and motivations everyone has, and then we worked with all stakeholders to obtain the best possible outcome. Sometimes this includes obtaining discounted note purchase financing, loan and mortgage modification and/or financial restructuring with our without new equity.</p>
<p>We were pleased that we effected a positive result prior to the “hammer coming down” on this asset.”<br/>Protecting, advocating and satisfying the needs and desires of our client’s one transaction at a time.</p>
<p>For additional information contact:<br/>H. Jack Miller<br/>215-947-2974 ext 237<br/>JackMiller@GFCIB.COM</p>