$19,100,000
Billings, MT
Transaction Type
Loan Refinance
Non-Recourse
Loan Type
Bridge Loan
Situation & Challenges
- Fully leased property in need of seasoning
- Recently remediated water intrusion
- Short-term financing was needed to pay off construction loan
Solutions & Highlights
- Cost-savings to transition to A10 permanent loan once property was seasoned
- 3-year fixed rate term with flexible prepayment