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Finance
Posted: July 14, 2008
Daniel of Silo structures $1.2 million bridge loan for 32,000 s/f warehouse
Jonathan Daniel of Silo Financial Corp. structured a $1.2 million bridge loan for a 32,000 s/f warehouse on 2 South St.
The borrower required a 60% LTV foreclosure bailout. Silo's bridge loan will provide the borrower with adequate time to market the property for sale.
Silo Financial is a direct mortgage lender that specializes in providing short-term bridge loans secured by most types of commercial and investment property.
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Finance
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