Request: $7,000,000.00. Allocation of Funds: $4,200,000.00 Partner Buyout, $2.8MM cash out to reimburse TI's which total $4,580,000.00. The property consists of 6 buildings on 3 acres, and they have spent $6,000,000.00 in TI's. $4.58MM of which was from the borrower staying in the transaction. Looking for part of this cash back to replenish liquidity reserves. Please email Revel Stark to discuss and receive additional information. Revel@inncap.com
Jan 19, 2024