$2,605,000
Bridge Loan

TexasOffice

Recapitalization
STNL Office Campus
Dallas MSA, TX
110,000 SF of Office Space

Principals of Schelin Uldricks & Co. secured bridge financing for a single tenant net leased office building occupied by an engineering company that had 4 years left on lease. Proceeds of the loan went to payoff a lawsuit settlement. The financing had a 4 month term with only 2 months of minimum interest to enable the borrowers to settle the suit and refinance with cheaper debt

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