Columbus, OH

$2,100,000

Industrial

Refinance

07/17/2018
Transaction by
Archway Fund
In July 2018, Archway Fund closed a $2.1MM refinance and cash-out loan secured by large industrial warehouse in Columbus, Ohio. The Borrower required a quick closing to accommodate a partner buyout. They decided to use private money due to their low credit score and delinquent taxes. Also, the needed some cash out to help fix their finances. The exit strategy is to refinance once personal finances are improved.