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Arriba Capital Closes $3.1M SBA 7a Loan for a RV & Mobile Home Park in Felton, CA

Arriba Capital continues to deliver competitive and innovative financing solutions for commercial real estate opportunities throughout the U.S.

 
SCOTTSDALE, Ariz. - Jan. 9, 2014 - PRLog -- Arriba Capital “Arriba” is proud to announce the successful closing of a 25-year, $3.1 million SBA 7a loan for an RV and Mobile Home Park in Felton, CA. This MHP, said to be one of the first in the U.S., has been owned and operated by the same family for close to a decade.  “Understanding the intent to keep the property in the family for generations to come, Arriba was able to structure an attractive long-term financing solution which refinanced the existing high yield debt along with providing a longer amortization schedule. This new debt structure, along with an experienced set of family operators, will insure the park’s long term success,” said Arriba Capitals Joel Nathanson, who originated the financing.

Upon closing the loan the borrower stated: “I want to sincerely thank you and your team at Arriba Capital for the tremendous job you’ve done in facilitating the successful closing of this loan. Without you and your team’s expertise, persistence, and knowhow, I don’t believe the deal would have gotten done.”

The financing was arranged by Joel Nathanson of Arriba Capital.

About Arriba Capital

Arriba Capital is a fully integrated financial services company and a brand synonymous with excellence in commercial real estate. Arriba Capital has a diverse and innovative product line to optimize all of your needs, including asset management and various types of debt and equity programs. Our seasoned professionals have worked with hundreds of entrepreneurs, developers and investors by offering insight and analysis for structuring projects, repositioning assets, negotiating payoffs and providing guidance to enable you to achieve successful results in these rigorous capital markets. Arriba Capital focuses on providing financing solutions for transactions across a range of property types anywhere in the U.S. Arriba Capital is headquartered in Scottsdale, Arizona with a regional presence throughout the nation

Arriba Capital continues to deliver competitive and innovative financing solutions for commercial real estate opportunities throughout the U.S.

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Arriba Capital
480-570-0679
***@arribacapital.com

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Source:Arriba Capital
Location:Scottsdale - Arizona - United States
Industry:Banking, Finance
Tags:Arriba Capital, Sba, Commercial Mortgage, Mobile Home Park
Shortcut:prlog.org/12265568
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