{"id":4166,"date":"2019-09-11T13:41:43","date_gmt":"2019-09-11T13:41:43","guid":{"rendered":"https:\/\/libertysbf.alliancetek.net\/?p=4166"},"modified":"2019-09-11T13:41:43","modified_gmt":"2019-09-11T13:41:43","slug":"closed-3-39mm-alf-conventional-loan","status":"publish","type":"post","link":"https:\/\/libertysbf.alliancetek.net\/index.php\/closed-3-39mm-alf-conventional-loan\/","title":{"rendered":"Closed: $3.39MM ALF Conventional 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\/ALF-Full.jpg\" alt=\"\" class=\"wp-image-4275\"\/><\/figure>\n\n\n\n<p class=\"MsoNormal wp-block-paragraph\">Liberty SBF has closed a $3.39MM conventional loan for the refinancing of a 16-unit adult residential facility located in Vallejo, CA. The loan will refinance the existing debt on the property, and provide funding for the borrower&#8217;s acquisition of a 49-bed assisted living facility in Mill Valley, CA.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Built in 1965 and with 100% occupancy, the 16-unit, 32-bed transitional facility for mentally challenged adults prepares residents for independent living. The appraised value for the Mill Valley property was $7.0MM, excluding business value of $700K. Liberty\u2019s 1st Lien represents an as-is LTV of 48.5%. The principal guarantors have more than seven years of experience in the development, rehabilitation, and management of senior\/adult care facilities.<\/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&nbsp;<a href=\"https:\/\/libertysbf.alliancetek.net\/loan-programs\/sba-loans\/\">SBA 504<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/libertysbf.alliancetek.net\/loan-programs\/conventional\/\">Conventional<\/a>&nbsp;loans for owner-user properties across the US. We\u2019d love to help you.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/sba504.libertysbf.com\/application-broker-w\/\" data-rich-text-format-boundary=\"true\">Get Your Deal Quoted!<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Liberty SBF has closed a $3.39MM conventional loan for the refinancing of a 16-unit adult residential facility located in Vallejo, CA. The loan will refinance the existing debt on the property, and provide funding for the borrower&#8217;s acquisition of a 49-bed assisted living facility in Mill Valley, CA. Built in 1965 and with 100% occupancy, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4275,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[26,20,9],"class_list":["post-4166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funded-loans","tag-conventional-loans","tag-healthcare","tag-liberty-sbf-news"],"_links":{"self":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts\/4166","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=4166"}],"version-history":[{"count":0,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts\/4166\/revisions"}],"wp:attachment":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/media?parent=4166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/categories?post=4166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/tags?post=4166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}