News: Finance

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.
Tags: Finance
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