Press Release: $1.5m Refinance

Fairview Commercial Lending, a privately funded lender, is pleased to announce the closing of a $1.5m "asset-based" loan on a multi-tenant office building in the Washington D.C. area.

Deal Challenges
•  Property only 40% occupied and not currently cash flowing
•  Poor configuration of the property limits usable space
•  Principle in litigation and also going through a divorce
•  Borrower needed cash out

Fairview Solutions
•  Able to provide borrower substantial cash-out with no restrictions as to use
•  Excellent location; Fairview able to see true property value even though not utilized to potential
•  Worked with various stakeholders to resolve litigation and obtain a clean title
•  When the deal is difficult and time is of the essence, Fairview funds

Do you see loans that do not seem to "fit the box" of traditional lenders?

We can help. Fairview specializes in asset/equity-based lending on commercial real estate. We can lend to both credit impaired borrowers and on properties that are not currently cash flow producing. We also can lend on properties that are in or nearing foreclosure or are currently listed for sale. Our experience allows us to quickly understand the value of a property and fund shortly thereafter.