Institutional Refinance Loan secured by Commercial Properties

Deal Details

Private Loan Type

Refinance

Approx. Funding Date

20190531

Property Type
Auto Dealership
Commercial Land
Office
Vehicle Parking
Property City

Central Valley

Property State

NY

Deal Summary

Owemanco provided institutional refinancing of a defaulted business loan secured by automotive retail and service dealership in Woodbury, Upstate New York. The Loan was additionally secured by a 6,300SF redevelopment site in Long Island City at the corner of a busy commercial district.

Funded By

Ontario Wealth Management Corporation

Direct Lender for Commercial Real Estate Nationwide

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