Freeport, ME Refinance

Maximum LTV, Cash-Out Refinance
Amount: $

StackSource recently arranged a maximum LTV (approximately $1.35MM) cash-out permanent refinance loan on a nine-unit multifamily apartment building with a first-floor retail space. The sponsor was looking to do their first refinance out of a commercial property after years of ownership.

StackSource Senior VP of Business Development, Beth Mercante, and Capital Advisor Omar Hamza helped find them financing with a local bank that worked with them every step of the way until closing. The sponsors were able to pull out $1.25MM from the unencumbered property allowing them to make other CRE investments.

Deal Team

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