Copyright © 2004 Frankel Financial Corp.

$5,750,000 Shopping Center Construction / Permanent Loan

Description: A recent client was having personal credit difficulties that prevented him from obtaining traditional financing for a nationally anchored shopping center project.  After a year of pursuing local lenders on his own, his CPA referred the project to FFC.   

Solution: Utilizing our Wall Street contacts, Frankel Financial Corp. found an international lender who underwrote the loan based solely on the credit worthiness of the tenants and produced a term sheet in less than twenty-four hours.  Within the next thirty days, lender performed due diligence and issued a commitment to our client for a thirty-year, par priced, non-recourse loan fixed at a rate less than 2% over the matching Treasury Bill.

455 Pennsylvania Avenue Suite 2LF • Fort Washington, PA 19034
(215) 641-9700 • (215) 641-0498 • info@frankelfinancial.com