$2,150,000 First Mortgage – 4-Family Brooklyn Investment

 

H&O Capital Closes $2,150,000 First Mortgage

During the Covid-19 pandemic, the borrower in this transaction ran into trouble with his current lender due to some tenant payment issues. His current lender was pressuring him to pay them off, and even instituted the default rate, despite being only one month behind on his payments. Due to the time crunch, the borrower needed somebody who could get his deal closed quickly. H&O Capital Funding stepped in and were able to get him the money he needed in just 2.5 weeks.

H&O Capital Funding  has helped countless real estate buyers, sellers, lessees and lessors achieve their goals. Our legacy is unwavering commitment to the communities we serve. Houlihan & O’Malley Commercial Real Estate Services specializes in four distinct, yet overlapping, areas of business: Commercial Brokerage services, Private Mortgage services, Appraisal Services and Advisory services.

For more information on loans that we offer, visit our website.

 

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