Closed first mortgage on investment real estate so borrower can exit Chapter 11 Bankruptcy

Dip Lending, LLC is pleased to announce that it has just closed a commercial real estate loan first mortgage in New Jersey for a real estate investors that was in Chapter 11 Bankruptcy.   We were pleased to provide them with the financing they needed to pay off their existing lender and exit Bankruptcy.  According to Jack Miller, “When I spoke to the borrowers last evening after closing she could not stop thanking me and told me tonight will be the first night she sleeps well in years thanks to our help”

 

DIP Lending, provides financing to real estate investors and companies under financial stress or in Chapter 11 Bankruptcy or planning to exit Bankruptcy. We are experts in this area, and can customize our loan terms to meet any unique requirements of the borrowers.

 

 

Jack Miller

561-221-0900 ext 238

Views: 51

Comment

You need to be a member of Real Estate Finance to add comments!

Join Real Estate Finance

© 2024   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service