Real Estate
Ready Capital Structured Finance, a nationwide commercial real estate bridge and mezzanine lender, announces the closing of three loans in South Carolina, Oklahoma and California, for funding totaling over $24 million.The Charleston (Daniel Island), South Carolina loan for a funding of $10.94 million is for the refinance, and prospective-lease-up and stabilization of an approximate 90,500 square foot office building which is 100 percent leased and occupied as a telecom call center with a short-term maturity. Ready Capital Structured Finance has provided a highly-structured, three-year loan with a one-year extension, which is inclusive of a future funded stand-by interest and carry...