Refinance, Title Transfer, and ETO for a Multi-residential Property

The borrower, a newly incorporated holding company, required a flexible financing solution to refinance an existing first mortgage, facilitate a title transfer for tax purposes, and unlock equity. We provided a customized first mortgage solution that allowed the borrower to complete the ownership transition while accessing additional capital to support its investment objectives. As part of the exit strategy, the borrower plans to refinance with a traditional financial institution.