This service station located in Tacoma Washington secures a $600,000 bridge loan from Mortgage Equities, Inc.
This Moving and Storage warehouse in Tacoma, Washington
is one of three properties that secure a $1.9 million bridge loan. The
other two properties securing this loan are located in Eastern Washington
and Anchorage Alaska.
On this property we did a refinance of existing debt allowing the borrower to establish an operating history for the site and seek a permanent loan from a bank a year or two in the future.