PIC Group — News

News

Home
News

Explore our articles, case studies, and news releases to gain a deeper understanding of the ever-evolving financial landscape. At PIC Group, we are committed to sharing valuable content that can help you navigate your financial journey with confidence.

$972,000 - Purchase and Rehab Industrial Building

Nora Schaefer / 2021-04-09

The Client was seeking to purchase and rehab their owner-occupied industrial building. We were able to secure approval with our private investor at a very strong fixed rate to facilitate the acquisition and rehab of the property.

$3,500,000 - Commercial Construction Loan

Alexander Hoffman / 2021-03-15

The Client was seeking a construction loan to rehab an existing 68-unit multi-family apartment building and provide time to lease up the property. We were able to secure construction financing with our private lender to provide the needed capital to complete the project.

$4,100,000 - Refinance Mixed-Use Building

Fernanda Blevins / 2021-02-26

The Client was seeking to refinance a 17-unit retail/office building. We were able to secure financing at a strong fixed rate with our private investors to facilitate the refinance and meet the Client’s needs.

$900,000 - Refinance Office Building

Nora Schaefer / 2021-02-26

The Client was seeking to refinance a multi-unit office building that they owned as an investment property. We were able to secure financing at a strong fixed rate with our private investors to facilitate the refinance.

$567,003 - Business Acquisition

Jaylynn Jackson / 2021-02-15

The Client was seeking to acquire a restaurant that they worked for and managed for many years. We were able to secure an SBA 7A loan approval to fund 90% of the acquisition price despite fluctuating revenues due to COVID-19 in 2020.

$828,000 - Business & Real Estate Acquisition

Jaylynn Jackson / 2021-02-15

The Client was seeking to acquire a manufacturing business, along with the industrial building the business operated out of. We were able to secure SBA 7A financing to facilitate both the business and real estate acquisition, with the entire debt placed on a 25-year amortization, providing for small monthly payments.

$600,000 - Refinance Commercial Office Building

Fernanda Blevins / 2021-01-29

The Client was seeking to refinance the existing mortgage on the commercial office building that was partially occupied by his business (less than 50%), along with taking some cash out to provide fresh working capital for the business. We were able to secure financing with our private investors at an attractive fixed rate to facilitate the refinance and get the client the cash out they were looking for.

$866,000 - Refinance Multi-Family Investment Properties

Alexander Hoffman / 2021-01-29

The Client was seeking to refinance the existing mortgage debt on three of their multi-family investment properties. We were able to secure an approval with our private investors at an attractive fixed rate fixed for five-years but with the loan having a 25-year term with rate adjustments every five-years, consolidating the original loans into one new loan with a release provision in place.

$408,000 - Purchase Industrial Property

Jaylynn Jackson / 2021-01-29

The Client was seeking to acquire an industrial property to move their existing business into. The property had some environmental concerns. We were able to secure an approval with our private investors at an attractive fixed rate to finance the property acquisition despite the environmental concerns.

$900,000 - Refinance Multi-Family Investment Property

Alexander Hoffman / 2020-03-27

The Client was seeking to refinance their 6-unit multi-family investment property in order to pull cash out to acquire an additional property. We were able to secure financing with our private investor at an attractive fixed interest rate providing them the cash out to use in the future.