Posted on Jan,30 2020
by Rich Salinaro in Blog
$540,000 First Mortgage Loan – Warehouse plus Office – Hicksville, NY
Another repeat borrower for H&O Capital Funding after a successful transaction in 2016. In this deal, the borrower came back to H&O to refinance the same property he collateralized in the last deal. With occupancy that doesn’t exactly meet the Certificate of Occupancy, the borrower was having trouble getting a conventional loan and he needed to clear some funds for his business fairly quickly. As H&O was familiar with the property, all they needed was clean title to fund the deal and it closed in 2.5 weeks.
H&O Capital Funding has helped countless real estate buyers, sellers, lessees and lessors achieve their goals. Our legacy is unwavering commitment to the communities we serve. Houlihan & O’Malley Commercial Real Estate Services specializes in four distinct, yet overlapping, areas of business: Commercial Brokerage services, Private Mortgage services, Appraisal Services and Advisory services.
For more information on loans that we offer, visit our website.