Press Release: $575k Refinance

Fairview Commercial Lending, a privately funded lender, is pleased to announce the closing of a $575k "asset-based" loan on a single tenant office building in California.

Deal Challenges
•  Borrower a non-profit; needs a non-recourse loan
•  Non-profit not currently cash-flowing
•  Single tenant property that is owner occupied
•  Numerous liens on the property from the state of CA and the IRS
•  Needed cash for operations

Fairview Solutions
•  Non profit entity structure/Non-recourse okay
•  Excellent location; Fairview able to see true property value even though not utilized to potential
•  Worked with various lienholders to get title cleaned
•  When the deal is difficult and time is of the essence, Fairview fund

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.