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News Stories (6 Results) - EBSC Lending

EBSC Lending provided $26.2 million in financing for a 41-unit affordable seniors housing complex located in Michigan. The borrower, nonprofit owner-operator will use the proceeds to refinance existing debt and fund capital improvements and preserve... Read Story
April 23, 2024, 07:03 AM

EBSC Lending provided a $25 million senior credit facility to Metro Capital. The first advance is secured by investment condo properties. The underlying mortgage loan borrower purchased the properties for investment purposes. “We are very excited... Read Story
February 13, 2024, 07:35 AM

EBSC Lending closed a $22.8 million senior bridge loan on a mixed-use property located in Cleveland, OH. The proceeds were used to refinance the existing loan, and  EBSC's senior bridge loan allows them to finalize their interior renovations and... Read Story
January 30, 2024, 06:00 AM

EBSC Lending closed more than 27 real estate transactions in 2023 bringing total commitments to real estate borrowers to more than $427 million. Throughout 2023, EBSC Lending supported the financing and growth initiatives of existing borrowers while... Read Story
December 06, 2023, 07:17 AM

EBSC Lending closed a $17.1 million senior bridge loan, which was used for the acquisition of a skilled nursing facility located in suburban Albuquerque, NM. The Sponsor required immediate execution due to an expiring purchase option,The Sponsor, a... Read Story
November 30, 2023, 07:00 AM

EBSC Lending provided Apex Financial with $41.7 million in short-term first mortgage debt to acquire a portfolio of 9 office/industrial/flex buildings located in Miami, Florida.Apex plans to convert the obsolete industrial properties to both single... Read Story
November 21, 2023, 06:00 AM