{"id":4154,"date":"2019-09-11T12:56:45","date_gmt":"2019-09-11T12:56:45","guid":{"rendered":"https:\/\/libertysbf.alliancetek.net\/?p=4154"},"modified":"2019-09-11T12:56:45","modified_gmt":"2019-09-11T12:56:45","slug":"closed-1-04mm-sba-504-office-property-loan","status":"publish","type":"post","link":"https:\/\/libertysbf.alliancetek.net\/index.php\/closed-1-04mm-sba-504-office-property-loan\/","title":{"rendered":"Closed: $1.04MM SBA 504 Office Property Loan"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/libertysbf.alliancetek.net\/\/\/srv\/htdocs\/wp-content\/uploads\/2019\/11\/Skyway-Towing-Full.jpg\" alt=\"\" class=\"wp-image-4271\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Liberty SBF has closed a  $1.04MM first and interim second lien SBA 504 loan for the acquisition of a one-story, 4,150 SF office building, located in Federal Way, WA. The company also acquired the property\u2019s 20,652 SF of excess land for parking and for potential future development.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The loan for the property, located 10 miles northeast of Tacoma and 24 miles south of Seattle, comprises the $613.3K SBA 504 first mortgage and a $429.3K SBA 504 interim second mortgage. The 24-hour towing and roadside assistance provider in Seattle bought the distressed business in December 2017, and has significantly improved its performance since acquisition<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company will occupy the building area that is not occupied by an existing tenant, and use the excess land for its towing company. The building was constructed in 1988.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How can we help?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"> Liberty SBF offers personal service for <a href=\"https:\/\/libertysbf.alliancetek.net\/loan-programs\/sba-loans\/\">SBA 504<\/a> and <a href=\"https:\/\/libertysbf.alliancetek.net\/loan-programs\/conventional\/\">Conventional<\/a> loans for owner-user properties across the US. We\u2019d love to help you. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/sba504.libertysbf.com\/application-broker-w\/\">Get Your Deal Quoted!<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Liberty SBF has closed a $1.04MM first and interim second lien SBA 504 loan for the acquisition of a one-story, 4,150 SF office building, located in Federal Way, WA. The company also acquired the property\u2019s 20,652 SF of excess land for parking and for potential future development. The loan for the property, located 10 miles [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4271,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[9,16,10],"class_list":["post-4154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funded-loans","tag-liberty-sbf-news","tag-office-loan","tag-sba-504"],"_links":{"self":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts\/4154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/comments?post=4154"}],"version-history":[{"count":0,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts\/4154\/revisions"}],"wp:attachment":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/media?parent=4154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/categories?post=4154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/tags?post=4154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}