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Real estate and race cars? We can do that.
Read on for the deal synopsis to see how we can find solutions to complex problems quickly.
After numerous delays with another lender that ultimately could not close, the borrower was in urgent need of capital to pay off an obligation with a hard deadline just days away. With virtually all capital sources unable to act within that timeframe, Albeca Financial worked with a private investor to craft a deal collateralized by second liens on two commercial properties, a condo, and a single-family home and by first liens on two collector race cars. Consulting on the financial risks of the collateral and coordinating the efforts of multiple law firms and other parties, Albeca Financial assisted in getting this challenging deal closed in just five business days from its initial involvement.
We know our way around a roadblock. Contact us now at (312) 270-1618 or [email protected] to learn how we can help you fund your next transaction.
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