StackSource arranged acquisition financing for an office building in Norcross, Georgia. The sponsor is a staffing agency specializing in the warehousing, manufacturing, and logistics industries. The sponsor continues to experience high growth, thereby needing more space.
Using StackSource’s online loan marketplace, Capital Advisor Andrew Bouton was able to identify and source favorable loan quotes for the sponsor. Andrew was able to negotiate long-term, conventional financing at a rate of 3.76% from a Utah-based bank dedicated to supporting economic development in the communities it serves.