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LAWRENCE, N.Y. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $110 million bridge-to-HUD refinance on behalf of a long-time client on the West Coast.
The conventional bank loan contains a large cash-out component, as well as an additional credit facility to take on pro-forma turnarounds that do not cover debt service as-is. Eli, Jonathan and Ephraim Kutner originated the transaction.