{"id":6131,"date":"2022-02-08T18:13:51","date_gmt":"2022-02-08T18:13:51","guid":{"rendered":"https:\/\/libertysbf.alliancetek.net\/?p=6131"},"modified":"2022-02-23T19:40:11","modified_gmt":"2022-02-23T19:40:11","slug":"just-closed-5-1m-bridge-industrial","status":"publish","type":"post","link":"https:\/\/libertysbf.alliancetek.net\/index.php\/just-closed-5-1m-bridge-industrial\/","title":{"rendered":"Just Closed: $5.1M Bridge-to-504 Loan for Industrial Property"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/libertysbf.alliancetek.net\/wp-content\/uploads\/2022\/02\/boxery_web-1024x512.jpg\" alt=\"\" class=\"wp-image-6137\" srcset=\"https:\/\/libertysbf.alliancetek.net\/wp-content\/uploads\/2022\/02\/boxery_web-1024x512.jpg 1024w, https:\/\/libertysbf.alliancetek.net\/wp-content\/uploads\/2022\/02\/boxery_web-300x150.jpg 300w, https:\/\/libertysbf.alliancetek.net\/wp-content\/uploads\/2022\/02\/boxery_web-768x384.jpg 768w, https:\/\/libertysbf.alliancetek.net\/wp-content\/uploads\/2022\/02\/boxery_web.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Liberty closed a $5.1 million bridge loan for the acquisition of an industrial building in Las Vegas, NV. The Sponsor required interim bridge financing for a quick close and will refinance to a low-cost, high-leverage SBA 504 loan in the spring of 2022. Our team is currently working on SBA approval.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Currently valued at $7.5 million, the Subject is a 61,400 SF industrial building situated on a 4.84-acre site. The property comprises a large warehouse space with 26-foot ceilings, several offices, and 42 parking spaces.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The borrower is an industrial packing materials company offering supplies such as moving boxes, packing foam, moving kits, printing labels, poly bags, and more. With 95% of sales coming from e-commerce, the business grew nearly 40% from 2019 to 2021. The acquisition allows the owners to increase warehouse space by 15,000 SF and gain greater control over operating costs.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-background\" style=\"background-color:#152e53;color:#152e53\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Interested in applying for a commercial real estate loan with Liberty SBF? Click below to learn more about our secure online application process.<\/em><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/portal.libertysbf.com\/?utm_source=direct&amp;utm_medium=justclosed&amp;utm_campaign=Borrower_InvestmentCRE&amp;utm_content=bridge_sba\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/libertysbf.alliancetek.net\/wp-content\/uploads\/2022\/02\/Apply-Now-Button.png\" alt=\"\" class=\"wp-image-6128\" width=\"181\" height=\"52\" srcset=\"https:\/\/libertysbf.alliancetek.net\/wp-content\/uploads\/2022\/02\/Apply-Now-Button.png 348w, https:\/\/libertysbf.alliancetek.net\/wp-content\/uploads\/2022\/02\/Apply-Now-Button-300x86.png 300w\" sizes=\"auto, (max-width: 181px) 100vw, 181px\" \/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Liberty closed a $5.1 million bridge loan for the acquisition of an industrial building in Las Vegas, NV. The Sponsor required interim bridge financing for a quick close and will refinance to a low-cost, high-leverage SBA 504 loan in the spring of 2022. Our team is currently working on SBA approval. Currently valued at $7.5 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[29,14,28],"class_list":["post-6131","post","type-post","status-publish","format-standard","hentry","category-funded-loans","tag-bridge-loan-2","tag-industrial","tag-just-closed"],"_links":{"self":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts\/6131","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/comments?post=6131"}],"version-history":[{"count":6,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts\/6131\/revisions"}],"predecessor-version":[{"id":6169,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts\/6131\/revisions\/6169"}],"wp:attachment":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/media?parent=6131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/categories?post=6131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/tags?post=6131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}