Transaction Details

Comments:

Principal Mortgage was able to provide a new conventional 1st and 2nd mortgage for this industrial facility that equated to 85% of the purchase price.  As with any medium sized operation, the owner's primary focus was generating sales and profitability and day-to-day business activities.  By utilising Principal Mortgage's expertise, the borrower was able to choose from a variety of lenders without falling behind with daily operations.