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bridge
Bridge Loan, Skokie, Illinois - Industrial Cash-Out Refinance
Skokie, Illinois
Client : A third-generation family-owned wine and spirits national import company.
Transaction : Bridge cash-out refinance secured by a 35,149 square foot warehouse/office property in Skokie, Illinois, featuring 5 drive-in doors, 2 docks, 18-foot clear ceiling heights across 70% of the building, and 50 parking spaces.
Challenge : The owners needed to recapitalize the business and unlock working capital to support expansion.
Opportunity : Fast, reliable financing with flexible terms and interest-only payments, backed by experienced guarantors and excellent real estate collateral.
Action : Sherpa Capital Group funded the bridge cash-out refinance.