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Recently Closed Transaction
Scott Unger
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Loan Summary
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Loan Type:
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Discounted Note Purchase
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Property Type:
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21,168 sf Retail Center
| | Location: | Arizona | | Loan Amount: | $1,000,000 |
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Scenario: Our Sponsor needed a fast, short-term bridge loan to buy a discounted note. The original commercial note carried a face value of $1.97M and was acquired at a discount of $1.365M. The note purchase provided our Sponsor with an initial cap rate of 14.15% on leases in place in the center, which is 93% occupied.
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Bridge & Hard Money Loans
Direct Private Lender on Commercial Property Nationwide
- Debt restructuring or pay downs
- Acquisition of properties or portfolios
- Transitional properties
- Defaulted note purchases
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Scott Unger 
(310) 850-4044
scott@avatarfinancial.com
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