)
bridge
Bridge Loan, Hampshire, Illinois - Super 8 Hotel Equity Cash-Out
Hampshire, Illinois
Client : A logistics business owner expanding operations and acquiring additional real estate.
Transaction : An equity cash-out bridge loan secured by a newly renovated 55-room Super 8 Hotel in Hampshire, IL, valued at $3,100,000.
Challenge : A time-sensitive cash-out — the term sheet was signed heading into a holiday weekend.
Opportunity : A property owned free and clear with significant equity, supporting conservative leverage.
Action : Sherpa Capital Group funded the loan and closed in four business days.