One of the Top Commercial Real Estate Brokers referred us to one of his clients that was seeking to refinance his apartment building.
The client had previously placed his property on the market for sale but then realized it would be best to keep this asset and just max-out on a refinance to use the funds for other investments.
We arranged a 5 year fixed at an incredible low rate. Due to the time of year and the lender happened to be short staffed with team members out on maternity leave the refinance took longer than normal, but we completed and closed the transaction and now are working on another refinance for the client. Hope to make up time on this next deal.