July 5, 1014
For Immediate Release:
Huntingdon Valley, PA. /Fort Lauderdale, Fl.
GFCIB and Advisors, LLC, a nationally recognized advisory firm for commercial real estate owners, developers, builders and mid-sized businesses, announced that it has once again successfully closed on a discount note purchase financing loan this is the third phase of a much larger transaction for a Private Real Estate partnership located in the suburbs of Philadelphia. This transaction closed at $14,000,000.00 on a 231,000 sq ft power center in South New Jersey. Between all three closings, it was 354,000 sq ft of commercial retail and office space totally $24,700,000.00. The ownership engaged GFCIB and Advisors, LLC to provide exclusive financial advisory and loan placement services to them.
This combined deal included discounted note purchase financing, Tenants in Common, as well it had a construction component to it.
Negotiating a discounted payoff and bringing in new financing was a great result for all parties, said H. Jack Miller who personally handled this transaction.
We spend a lot of time getting to know our clients, the projects and motivations everyone has, then we work with all stakeholders to get the best possible outcome, sometimes this included obtaining a discounted note purchase financing, loan and mortgage modifications and financial restructuring with our without new equity.
Protecting, advocating and satisfying the needs and desires of our client’s one transaction at a time.
For additional information contact:
H. Jack Miller
215-947-2974 ext 238