Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,250,000 acquisition/bridge loan secured by a development site in the Parkchester neighborhood of the Bronx. The lot is 15,000 SF with 72,000 BSF and the subway lets out directly in front of the site. The borrower needed capital to close on a TOE purchase. This transaction was negotiated by Hirshmark's Jake Soodek
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INSIGNIA Financial Services delivers fast, flexible financing for real estate investors and commercial property owners. Commercial bridge loans are an efficient funding solution when speed and execution are key. Bridge financing provides the flexibility to take advantage of discounted assets, opportunistic acquisitions, buyouts, special situations, and repositions with fewer requirements. Highlights: - Terms from 6 – 36 months - Acquisition - Refinance - Cash out permitted - Discounted payoff - Recapitalization - Redevelopment - Bankruptcy / DIP - Foreign Nationals eligible - Higher leverage with cross-collateral #cre #commercialrealestate #bridgeloans #assetbasedlending #realestate #industrial #multifamily #RetailCRE #office #rentalproperty #commercialproperty #constructionloans
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“Asset Advantage really like expansions and business purchases where it makes sense. Asset Advantage have a low rate for soft assets and business acquisitions which was a big driver too." 🙌 Deal of the Week - £160,000 Business Acquisition Loan for Trampoline Park and Soft Play Business Thank you to Sean Gardner from Astmoor Finance for working with us on this deal. Sean’s client is a motivated brother and sister team who bought a Trampoline Park in 2020. Despite the interruptions of Covid, they managed to keep the business profitable, and evidenced growth over 4 years. They identified an opportunity to acquire a second site by taking over a competitor business, and came back to Sean to find funding for the deal. 👉 The funding solution £160,000 Business Acquisition Loan structured over a 5 year term for Trampoline Park and Soft Play Business 👉 Why Asset Advantage? Sean Gardner said: “Asset Advantage really like expansions and business purchases where it makes sense. I felt this was an Asset Advantage deal when it came in. Asset Advantage have a low rate for soft assets and business acquisitions which was a big driver too. Business purchases are difficult as very few funders do security over used assets. I also appreciated the fact that Asset Advantage have one consistent rate as it means I can confidently close the deal with the customer in advance. All this contributed to making the whole deal very straightforward, smooth and easy.” 💡 Insight from Philip Knight why I approved this deal: "This can be a challenging business model to lend into, but we are always keen to support experienced operators in any business sector." If you have a deal you’d like to talk through with us, please get in touch 👇 Contact Katie Dowse Business Development Manager, 📞 07467 186 290 📨 proposals@assetadvantage.co.uk #AssetFinance #BusinessLoans #DealoftheWeek
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Hey there LinkedIn fam! 👋 Just heard about something that really got me thinking 💡 We're all drawn to those big-name SBA lenders, right? 💰🏦 But hold up – they might not be the best fit for you! There are tons of Bdos out there with unique specialties, like real estate 🏡 or business acquisitions 💼 So before you jump on the bandwagon, do your research and find the lender that truly gets your needs and goals 🔍 #SBA #lending #biztips #smallbusiness #financialinstitutions
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The STRO Companies has recently closed on a $25 million loan with Truist on our legacy asset in Wayne, New Jersey. 415 Hamburg Turnpike has been under STRO Ownership and Management for over 30 years. The property spans 353,000 Square Feet of industrial space serving as a last-mile facility with easy access to local suburban markets, New York City and Port Newark-Elizabeth. “We are thrilled to have completed this transaction with Truist,” said Albert Fitch, STRO’s managing director of acquisitions and capital markets. “We are eager to continue purchasing more industrial warehouses in northern New Jersey and the southeast Region of the United States. We have a considerable amount of capital to deploy and are interested in core-plus, value-add and opportunistic acquisitions.” Jeff Pandolfo Emily Sussal Wolf Victor Rogen #commercialrealestate #assetmanagement #leasing #commercialleasing #aquisitions #development #realestate #industrial #logistics #industrialcre #warehousing #manufacturing #supplychain #capitalmarkets #financing #nycrealestate #njrealestate #creatingvalue #NewJersey #RealEstate #TheSTROCompanies #MillsteinFamilyOffice
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M&A Advisor at Westbound Road, LLC | Digital Marketing Ninja / Building businesses from $0 to $30 Million | A woman who loves marketing and helping businesses grow... and cruising in my yellow Jeep.
If you are a business buyer or business seller thinking about an SBA 7a loan to close your transaction, take a few minutes to check out our latest information video “3 Things we LOVE about SBA loans, and 3 things we HATE” (for #acquisitions). We've been involved in a lot of these deals, and have learned a few things to really love about the SBA 7a, and a few things we hate! Check out the video, then feel free to share YOUR experiences with the SBA 7a loan in the comments below! #business #acquisition #sba #sba7a #tips #buyingabusiness#sellingabusiness #buyabusiness #sellabusiness PS - This was a segment Marty M. Fahncke shared with our members during a session of our Acquisitions Alliance Mastermind Group for buyers and sellers. If you are looking to buy or sell a business, you owe it to yourself to check out the Alliance at the link in the comments.
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Investor | Growth Strategist | M&A Advisor | Over $450 million in Business Acquisitions | Over $1 Billion in Business Growth
If you are a business buyer or business seller thinking about an SBA 7a loan to close your transaction, take a few minutes to check out our latest information video “3 Things we LOVE about SBA loans, and 3 things we HATE” (for #acquisitions). We've been involved in a lot of these deals, and have learned a few things to really love about the SBA 7a, and a few things we hate! Check out the video, then feel free to share YOUR experiences with the SBA 7a loan in the comments below! #business #acquisition #sba #sba7a #tips #buyingabusiness #sellingabusiness #buyabusiness #sellabusiness PS - This was a segment shared with our members during a session of our Acquisitions Alliance Mastermind Group for buyers and sellers. If you are looking to buy or sell a business, you owe it to yourself to check out the Alliance at the link in the comments.
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FURTHER GROWTH FOLLOWING TAKEOVER Wealth manager Fairstone Group Ltd, which has its headquarters at Doxford International Business Park in Sunderland, has expanded following the takeover of James Ryan Thornhill Ltd. The takeover builds on James Ryan Thornhill’s initial place on Fairstone’s downstream buyout model, which sees the business provide technological and capital support to independent financial advisory firms in order to boost growth ahead of a sale. The deal brings more than £110 million of assets under Fairstone’s management, as well as £1 million fee income and 600 clients. This comes on the back of Fairstone’s recent announcement that it had surpassed 10,000 reviews on Trustpilot, a first for the wealth management industry. Read more from Lee Hartley, Fairstone chief executive, and Del-Ryan Rafter, James Ryan Thornhill director, here: https://lnkd.in/euqu3nsw #NET #northeasttimes #Fairstone #JamesRyanThornhill #northeastbusiness #takeover #wealthmanagement #makingconnections #drivingconversations
Fairstone grows with James Ryan Thornhill deal - North East Times Magazine
netimesmagazine.co.uk
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#11 Top Sources of Business REO Listing Acquisitions REO listings – they're like hidden gems in our real estate world. Picture this: after foreclosure, banks or lenders own these properties, and they're golden opportunities for Realtors. Diving into REO listings isn't just about adding variety to our portfolio; it's opening doors to inventory!
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#11 Top Sources of Business REO Listing Acquisitions REO listings – they're like hidden gems in our real estate world. Picture this: after foreclosure, banks or lenders own these properties, and they're golden opportunities for Realtors. Diving into REO listings isn't just about adding variety to our portfolio; it's opening doors to inventory!
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Producing, Regional Vice President | Team Burns Bellevue | NMLS 320423, MLO 320423, CA DOC 320423, MLO 15775
🏡💡 Unlocking Real Estate Deals: Think Outside the Loan Box! Facing hurdles in land acquisitions or buying tear-down homes? Let's talk about seller-carried loans! 💰💼 Don't miss out on potential deals, get creative! #RealEstate #CreativeThinking #HomeBuying #Bretthomeloans #focusedonyou
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Managing Partner of Laissez-Faire Capital Partners
4moGreat job Jake!