So, if this lender's policy were replicated by other lenders, the negative effect on commercial investors with multiple loans would be significant.And a bit galling is the fact that this is a flawlessly performing loan with always on time payments, plus of course this is a commercial loan through a LLC and against the property and LLC (with personal guarantee as backup).  

I like a consistent finish throughout, but I think if the sandy texture was to be replicated it in the kitchen and bath would not look right.

Getting $700 for 950sf is great but can that rent be replicated moving forward ?  

., so you can replicate the transaction.

Can you replicate that today?

Find a system and process in one city and have that down with ability to replicate. 

Or increase cost from $125-$250/sq ft for a STVR.A lot of the coverings mentioned can be replicated with epoxy resin coverings; countertops, vanities, shower surround, accent walls. 

I followed the same principles in another local city in Michigan and was able to replicate the purchase for a 14+ unit mixed-use commercial building, and am now in the midst of getting it fully occupied. 

Being able to replicate this elsewhere, is obviously not likely or will at least be difficult.

What I am getting is the ability to see a deal from start to finish from the inside so that I can replicate it successfully on my own.