Just closed on this multi family construction loan in Hackensack, NJ! Arranged funding for both the purchase of the real estate as well as escrow for ground up construction!
North Bergen, NJ: Paid off a maturing balloon mortgage and provided the business owner with some cash out!
North Brunswick, NJ: Owner-occupied professional office building. Secured low fixed rate refinance to pay off existing commercial loans.
Bronx, NY: 25 unit residential property. Secured a revolving line of credit for client at Prime + .75%!
Seaside Heights, NJ: 2 motel refinances. Silex enabled client to pay-off existing construction loans, and secure low rate permanent financing.
Mixed use property. $3.8Million refinance, Hunterdon County, NJ
15 unit apartment building in Union City, NJ. $1,200,000 loan, 20 year fixed rate. Proceeds paid off a construction loan and also gave owner some cash-out!
Mixed use purchase of bank owned property. 1 store + 2 residential units. Secured acquisition and rehab funds for the buyer. Closed in less than 3 weeks!
Mixed use refinance for $340,000. Retail store + 6 residential units in Paterson, NJ. 20 year fixed rate loan to reduce rate and shorten term.
Owner-occupied Conventional commercial financing for a retail business, located in Hawthorne, NJ.