The loan request was made for a bridge loan to provide funds for the paving of the parking lot and TI work to facilitate the occupancy of a national tenant, Harbor Freight.

Occupancy by Harbor Freight significantly enhances the overall value, marketability and bank level lending desirability of the property. The property is an 87,452 square foot retail center.

Harbor Freight had signed a lease to inhabit approximately 20% of the total space within the center upon completion of the necessary TI work and the paving of the parking lot.

Numerous permanent lenders have expressed an interest in refinancing the Pender debt upon maturity or sooner, providing that the previously referenced national tenant has taken occupancy, and the paving of the parking lot and TI work is completed.

The fund held back a portion of the loan proceeds in an escrow account for periodic releases upon completion of the parking lot being repaved.

The property is located in the Mount Holly section of New Jersey approximately 20 miles from Philadelphia. Mount Holly is a community who’s economic base ranges from middle income to upper income.

The loan request was made for a bridge loan to provide funds for the paving of the parking lot and TI work to facilitate the occupancy of a national tenant, Harbor Freight.

Occupancy by Harbor Freight significantly enhances the overall value, marketability and bank level lending desirability of the property. The property is an 87,452 square foot retail center.

Harbor Freight had signed a lease to inhabit approximately 20% of the total space within the center upon completion of the necessary TI work and the paving of the parking lot.

Numerous permanent lenders have expressed an interest in refinancing the Pender debt upon maturity or sooner, providing that the previously referenced national tenant has taken occupancy, and the paving of the parking lot and TI work is completed.

The fund held back a portion of the loan proceeds in an escrow account for periodic releases upon completion of the parking lot being repaved.

The property is located in the Mount Holly section of New Jersey approximately 20 miles from Philadelphia. Mount Holly is a community who’s economic base ranges from middle income to upper income.

The loan request was made for a bridge loan to provide funds for the paving of the parking lot and TI work to facilitate the occupancy of a national tenant, Harbor Freight.

Occupancy by Harbor Freight significantly enhances the overall value, marketability and bank level lending desirability of the property. The property is an 87,452 square foot retail center.

Harbor Freight had signed a lease to inhabit approximately 20% of the total space within the center upon completion of the necessary TI work and the paving of the parking lot.

Numerous permanent lenders have expressed an interest in refinancing the Pender debt upon maturity or sooner, providing that the previously referenced national tenant has taken occupancy, and the paving of the parking lot and TI work is completed.

The fund held back a portion of the loan proceeds in an escrow account for periodic releases upon completion of the parking lot being repaved.

The property is located in the Mount Holly section of New Jersey approximately 20 miles from Philadelphia. Mount Holly is a community who’s economic base ranges from middle income to upper income.