Closed Commercial Bridge Loan Property in Foreclosure with receiver

[H. Jack Miller]

 

July 27, 2015

 

For Immediate Release:

Huntingdon Valley, Pa. /Fort Lauderdale, Fl.

 

GFCIB and Advisors, LLC is pleased to announce that it has once again successfully represented a client! We have closed on a commercial bridge loan refinance transaction for a sophisticated private real estate investor located in the suburbs of Columbus, Ohio. The ownership engaged GFCIB and Advisors, LLC to provide exclusive financial advisory and loan placement services to them.

 

The collateral was a Class B office building located in the suburbs of Columbus, Ohio. Its existing lender had started the foreclosure process as well as exercised its assignment of rights, and put in a receiver. We secured a new bridge mortgage for the ownership.

 

GFCIB and Advisors, LLC, a nationally recognized financial advocate and advisory firm for commercial real estate owners, developers, builders and mid sized businesses.

 

We spend a lot of time getting to know our clients, the projects and motivations they have. Then we work with all stakeholders to get the best possible outcome, sometimes this includes obtaining  discounted note purchase financing, loan and mortgage modifications and financial restructuring with or without new equity.

 

Protecting, advocating and satisfying the needs and desires of our client’s one transaction at a time.

 

 

 

For additional information contact:

H. Jack Miller
215-947-2974 ext 238
[e-mail]