Loan Portfolio
Ready to add your real estate investment? Contact us today.
Cash Out Refinance Loan -
Berks County, PA (
$1,000,000)
Advest Financial announced its private lending fund, the Advest Short Duration Real Estate Fund I, has provided a $1,000,000 cash out refinance land loan in Berks County, PA.
The 150-acre tract of land has received preliminary approvals for a community of single-family homes and townhomes. Advest was able to fund the loan in a few weeks despite many obstacles amid a global pandemic. The developers are experienced and have a proven track record of success. Proceeds from the loan will be used for working capital and soft costs related to land development.