Press Release: Refi Vacant Big-Box Retailer

Fairview Commercial Lending, a privately funded lender, is pleased to announce the closing of a unique cash-out refinance on a vacant big-box retailer in Texas.

Deal Challenges
•  Property 100% vacant and not currently cash flowing
•  No leases/prospective leases signed
•  Property located in secondary retail location/smaller community
•  Borrower needed cash out

Fairview Solutions
•  Able to provide borrower substantial cash-out with no restrictions as to use
•  Secondary location; Fairview able to see true property value even though not utilized to potential
•  Designed loan terms to meet the borrowers cash flow requirements
•  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.