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ORLANDO, FL –
Helvetica announced the funding of another broker originated
bridge loan to purchase a single tenant NNN restaurant building
.
The borrower purchased the building with a tenant in place and was in need of a quick closing. The relative short-term of the current lease and the
time sensitive
nature of this deal required
private money
financing for the purchase. The borrower intends on re-signing the current tenant to a longer term once the current lease nears expiration.
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