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re: Commercial Lender (RE) recommendations

Posted on 6/4/19 at 3:11 pm to
Posted by Hermit Crab
Under the Sea
Member since Nov 2008
7179 posts
Posted on 6/4/19 at 3:11 pm to
Where are you? How old is the building? Will your company be occupying over 50%? How much equity are you looking to have in the property?

With no information those terms aren’t terrible, but could definitely see them improving based on the answers to the above questions.
Posted by Slickback
Deer Stand
Member since Mar 2008
27686 posts
Posted on 6/4/19 at 3:57 pm to
Building was built in 1950s, Metairie, 20% down, I’ll occupy 100% (possibly lease a couple offices out)
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