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400Bankers com secured commercial financing for Bed and Breakfast Inn

Released on = May 29, 2006, 3:24 pm

Press Release Author = Jen Peterson/ 400Bankers.com

Industry = Real Estate

Press Release Summary = 100% commercial financing secured for Bed & Breakfast Inn

Press Release Body = Miami, FL --- 400Bankers .com has closed a $7 million
Commercial mortgage loan on a 97 room Bed & Breakfast Inn in Miami area, FL. They
were able to structure 100% commercial financing and working capital . The property
has recently been refurbished and is performing well. 400Bankers.com found a lender
that provided hotel loans and negotiated up to a 75% LTV and structured a CD secured
loan for 20% down payment and working capital. The interest rate was 6% interest
only at 10 year term. Kim Cohen, a 400Bankers.com loan advisor, was the originator
for this transaction.

About 400Bankers .Com
400Bankers.com (http://www.400bankers.com) is a national and international
commercial mortgage loan network for real estate projects between $200,000 and
$10,000,000,000. 400Bankers.com has over four hundred lenders and private investors
in it's network. The network consists of Commercial loan experts who are unmatched
in efficiency and financing terms.


Web Site = http://www.400bankers.com

Contact Details = Jen Peterson
400Bankers.com
news400bankers@yahoo.com

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