Loan amount
$7,150,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$15,100,000
LTV
47%
{LTV}
Property type
Assisted Living Facility
Borrower Details
Credit score
707
Deal experience
2 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Portland
State
Oregon
Loan Details
Current mortgage balance
$7,100,000
How much cash-out are you looking for?
$50,000
Additional Loan Information
Property is owned and functioning as a successful assisted living facility and dialysis center. Once building has been out of commission for a year and a half due to a fire, but the remediation is almost done and will be fully stabilized within 6 months. We have a current appraisal and exit loan once stabilized. Thank you.
Status
Open
Created
November 8, 2023 - 12:25pm
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