Jeffrey Silver's Blog – May 2015 Archive (1)

Kennedy Funding Closes Another Commercial Loan In Houston Texas

We have just closed an $880,000 loan on a 16,835 square foot industrial/retail building known as Sleep Shopper Store, located on Northern Freeway in Houston, Texas. Although this loan is below our typical loan minimum of $1M, we saw an opportunity to help a borrower with very limited financing options. An owner occupied, single tenant building with loan proceeds going towards an unrelated project kept most lenders at bay. We were…

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Added by Jeffrey Silver on May 27, 2015 at 8:03am — No Comments