Two Days to Close – Yonkers, NY 7-Unit Residential Building – $400,000 Acquisition Loan The borrower, with whom H&O Capital Funding has worked with in the past, came to H&O about two weeks prior to the date of his TOE closing for an acquisition loan. H&O was interested in the deal but the borrower found an …
$400,000 Multi-Family Acquisition Loan – TWO DAYS TO CLOSE – Yonkers, NY Read More »
Brooklyn, NY Mixed-Use – $350,000 Commercial Loan The borrower in this transaction needed some quick funds to payoff a legal judgement of $300,000. Thankfully, the borrower owned a 6-unit mixed-use property in Brooklyn free and clear to use as collateral for the commercial loan. H&O Capital Funding stepped in to provide the funds needed to pay …
$350,000 Commercial Loan – Mixed-Use Property in Brooklyn, NY Read More »
Montauk, NY Tax-Payer – $2,000,000 Commercial Loan The borrower in this transaction already had a $1,350,000 first mortgage with H&O Capital Funding when he approached them for a bit more money. With a fantastic location and credit-worthy NNN tenant, the property had just enough value to make the deal work. The catch was trying to close …
$2,000,000 Refinance Commercial Loan – Single Story Tax-Payer in Montauk, NY Read More »
Hamilton Heights Two-Family Refinance Loan – $875,000 The borrowers on this deal had an impending balloon payment and needed to acquire a refinance loan within the next two months. Due to some credit issues, the borrower was unable to lock in a conventional loan and instead turned to H&O Capital Funding for help. Despite the …
$875,000 Refinance Loan – Hamilton Heights Two-Family Home Read More »
Large Two-Family – $405,000 Acquisition Loan This Acquisition Loan deal needed to close quickly. The buyer and borrower had a TOE contract for the purchase of a large two-family home in the heart of New Rochelle, NY. Needing a fast closing, the borrower came to H&O Capital Funding for a $405,000 first mortgage. The deal …
Acquisition Loan – 2-Family Home in New Rochelle, NY Read More »
Brooklyn Social Club Bridge Loan – $1,420,000 From the beginning, this was not your typical deal. A group of borrowers approached H&O Capital Funding looking for some funds to get an old/defunct social club up and running again. Having been turned down by multiple lenders who “didn’t understand our vision”, club members turned to H&O Capital in …
H&O Capital Funding Closes Bridge Loan in Brooklyn, NY Read More »
H & O Capital Funding would like to announce a recently closed loan in Westchester County, NY. Blanket Mortgage Loan of $5,000,000 This borrower came to H&O Capital Funding looking for a quick cash infusion for their business. H&O was able to provide a $5 million blanket loan with a first mortgage on a warehouse property in …
Mezzanine Capital Funding Loan – Westchester County, NY Read More »
H & O Capital Funding would like to announce a recently closed commercial loan in Northern Manhattan. Blanket Mortgage Loan of $700,000 The borrower in this deal had been negotiating a tax lien payoff and needed a refinance of his two investor-owned cooperative apartment units in Washington Heights to make that happen. The borrower came to …
Coop Commercial Loan Closing – Northern Manhattan Read More »
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