Seattle Funding Group’s $3M dollar commercial loan allowed the sponsor to acquire 14 completed, new SFRs from a major national homebuilder. This highly time sensitive transaction needed to close within five business days in order to accommodate the builder’s quarterly financial objective, failure was not an option and the sponsor was rewarded with a 30%+ discount in the acquisition price. SFG’s Team responded by being on site the same day it received the addresses and closed the transaction at its standard low rates…no extra charge for the white glove service that has become our stock in trade.
