News: Brokerage

Hach of Refined arranges $3 million inventory loan for condo project

Manhattan, NY Joe Hach, chief revenue officer of Refined, has arranged a $3 million inventory loan for a repeat client for a commercial condo project on Bowery in Chinatown.

The borrower reached out to Refined to help pay off his maturing loan and fund excess loan proceeds for another project. The 18-month loan closed within three weeks from execution of term sheet at a competitive interest rate.

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