$8,645,000
Phoenix, AZ
Madison Realty Capital Funds $8,645,000 Loan for Refinance and Acquisition in Phoenix, AZ
New York based Madison Realty Capital, a private commercial lending institution, is pleased to announce that we have funded an $8,645,000 loan for the purpose of paying off existing debt on the property and performing rehabilitation work. The property is a newly constructed one-story office/retail complex located in northern Phoenix with two retail buildings and five office buildings. Madison's quick approval process allowed the Borrower to secure his financing, thereby ensuring that he did not default on his existing debt and allowed him to move forward with renovations on the property.
$8,500,000
Phoenix, AZ
Madison Realty Capital Funds $8,500,000 Loan for Refinance in Phoenix, AZ
New York based Madison Realty Capital, a private commercial lending institution, is pleased to announce that we have funded a $8,500,000 loan to pay off a first mortgage and pay down a second mortgage on the subject property as well as complete the remaining construction for the condo conversion process. Madison's quick approval process allowed the Borrower to secure his financing and complete his conversion process on time.
If you would like more information about this topic, please call 1(888) 261-MADISON or email: info@madisonrealtycapital.com