Recently Funded: Casual Dining + Dealership - Cincinnati MSA

Barry Slatt Mortgage is pleased to announce the recent funding of a two-tenant special-use property leased to Quaker Steak & Lube (a casual dining concept) and a Harley Davidson dealership, located in the Cincinnati MSA. The borrower approached Vice President Cody Charfauros with a moderate leverage request and the desire for a low level of personal guarantee. Many lenders were weary of the special-use nature of the asset and the seller required a quick closing. Mr. Charfauros was able to identify one of Slatt's best life company correspondent lenders as the ideal low-fee, limited recourse structure with the certainty of execution that the borrower was seeking.

• 10 year fixed/term
• Low fixed interest rate with 75 day rate lock.
• Very low fees
• Expedited closing in under 40 days
• Limited recourse

If you have an upcoming financing needs, please reach out to your mortgage banker.

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Cody Charfauros | (858) 257-2110 | [email protected]