Press Release: Bridge Loan on Land in Pennsylvania

[H. Jack Miller]

October 12, 2014

For Immediate Release:
Huntingdon Valley, PA. / Fort Lauderdale, FL.

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.

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.

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”

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.

DIP Lending, LLC is a private lender of companies in Chapter 11 Bankruptcy or under financial distress.

For additional information contact:
H. Jack Miller
215-947-2974 ext 238
[e-mail]