Backing Business: Special-Purpose Real Estate Entity

A special-purpose entity, the joint venture of a real estate company and investment firm, came to our lending experts for short-term financing while its self-storage facility reached full lease capacity.

Thanks to our flexibility, we provided a $12M non-recourse bridge loan deal with a 4-year term and one-year, fixed rate extension option. Despite several delays by the seller, the borrower gained the funds and terms they needed—including a fixed interest rate swap option—providing them with peace of mind in a rising interest rate market.

See how our business loan solutions can help you through market shifts.

Interested in learning more?
Contact Us
Become a First American Bank Insider
Get the latest financial news, business insights, and investment tips directly to your inbox.
Subscribe Now