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The Madison arranged a $865,000 acquisition loan to purchase an industrial property in Rock Springs, WY.

Tags: Industrial Financing, Industrial Warehouse Loan, Owner Occupied Loans, Commercial Real Estate Loans, SBA loans, SBA 7(a) loans, Industrial Loans, Loans for Industrial Real Estate, CRE Acquisition Loan, Loans for Industrial Facility.
Monday, Jun 03, 2024
by Jared Shupe

The Madison Group (TMG), a leading national source of industrial financing, assisted a residential mortgage partner and their client to source SBA 7(a) financing on an owner-occupied warehouse in Rock Springs, WY.  The Madison Group maintains dynamic relationships assisting real estate professionals from various disciplines in helping source commercial financing for their clients when needed.  It has proved to be a win-win for us, our referral partners, and their clients.  The Madison Group is dedicated to returning referrals of our clients to other real estate disciplines when needed.  We are grateful to our referral partners for placing their trust in us to take care of their clients as we would our own.    

 

Property: Industrial  

Location: Wyoming  

Loan Amount: $850,000

Interest Rate: 7.75%

Term: 25 years

Amortization: 25 years

Prepayment: 3%, 2%, 1%              

Guarantee: Recourse



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