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LOS ANGELES, CA – iBorrow,  a nationwide private direct lender for commercial real estate, has provided a $17.38 million refinance loan on two mid-renovation multifamily communities located in Southern California. The bridge loan will be used to refinance the borrower’s existing debt, while also providing the additional proceeds needed to complete full unit renovations and capex work, then lease up...

MYRTLE BEACH, SC (November 22, 2022) – iBorrow, a nationwide private direct lender for commercial real estate, announces that it has provided financing to a Los Angeles-based investor in commercial real estate and technology companies, for its acquisition of the Sandcastle Oceanfront Resort, a 240-key, beachfront resort hotel in Myrtle Beach, South Carolina. The $14.3 million financing, secured by iBorrow, provides...

iBorrow’s VP of Loan Originations, Mandy Pakes, was named a winner of Connect CRE's 2022 Women in Commercial Real Estate awards - Seattle & Northwest category. After joining iBorrow in March of 2022, Mandy has been an integral part of the iBorrow team, and is being recognized for going above and beyond to deliver clients excellent finance experiences.

iBorrow provided a $15 million loan refinance to the Old Orchard Shopping Center in Santa Clarita California. CEO Brian Good notes "This property’s unique mix of grocery, fast food and niche tenants should provide resilience even during an economic downturn.”

SANTA CLARITA, CA, (November 9, 2022) – iBorrow,  a nationwide private direct lender for commercial real estate, has provided a $15 million loan to refinance the Old Orchard Shopping Center, a 100,000 square-foot strip center located in Santa Clarita, California. The proceeds of the refinancing will retire an outstanding CMBS loan, and provide for a reserve for tenant improvements and...

iBorrow provided a $24.9 million bridge loan to refinance a 173-key Holiday Inn Express & Suites asset in downtown Atlanta, Georgia. iBorrow funded 100 percent of the CapEx budget to improve the hotel with renovations including the scheduled property improvement plan, tenant improvement allowance and leasing commission reserves.

ATLANTA, Georgia, (October 25, 2022) – iBorrow, a nationwide private direct lender for commercial real estate, has provided a $24.9 million bridge loan to refinance a 173-key Holiday Inn Express & Suites asset in Downtown Atlanta, Georgia. The financing will allow the borrower, a well-known owner/operator of commercial real estate in Atlanta, to implement a strategic property improvement plan at the...

AUSTIN, Texas, (October 6, 2022) – iBorrow, a nationwide private direct lender for commercial real estate, has provided financing to Hawkwood Ventures LLC, a national commercial real estate investor, for the acquisition of a 140-bed, four-story student housing asset which serves students attending the University of Texas in Austin, Texas. The $11.2 million financing will fund a series of capital improvements to better position the facility to benefit from record occupancy in the student housing sector, according to Brian Good, CEO of iBorrow. “This transaction reflects our...

Los Angeles Business Journal highlights how iBorrow is continuing to close loans and enjoy strong demand in a slower economy. In June of last year, iBorrow was looking at $900 million worth of new deals. This June, the volume doubled, to $1.8 billion. Read on to see how CEO Brian Good discusses why iBorrow is seeing success, and how iBorrow...

iBorrow provided financing to a well-known boutique hotel/inn owner and operator to support the acquisition and renovation of Wainscott Inn on Long Island in Sagaponack, New York. iBorrow’s $3.3 million financing will serve as a bridge loan as the sponsor pursues construction permits and city approvals.

SAGAPONACK, New York, (August 11, 2022) – iBorrow, a nationwide private direct lender for commercial real estate, has provided financing to a well-known boutique hotel/inn owner and operator to support the acquisition and renovation of Wainscott Inn, a 30-room boutique inn situated on the east end of Long Island in Sagaponack, New York. The financing comes at a time when travel...

iBorrow provided a $20 million loan to support the acquisition of a 232-unit garden-style multifamily community in the Oak Cliff neighborhood of Dallas. The asset was recently renovated under previous ownership, further enhancing the strength of this investment and the borrower’s ability to capitalize on current and future demand for quality rental housing in Dallas.

DALLAS, Texas (May 4, 2022) – iBorrow, a nationwide private direct lender for commercial real estate, has provided a $20 million loan to support the acquisition of a 232-unit garden-style multifamily community in the Oak Cliff neighborhood of Dallas, Texas, according to Brian Good, CEO of iBorrow. “The borrower had the opportunity to purchase an exceptionally well-located multifamily property within the...

iBorrow provided $7.9 million in financing for two commercial properties in New Jersey. One, a former self-storage facility in Montclair with plans to renovate and convert into new office and ground-floor retail space. The other, an industrial property in Clifton with plans to renovate into a self-storage facility.

iBorrow provided $13.9 million in financing to support the acquisition and value-add renovation of a three-story, 86,910 square-foot office building situated on a 3.66-acre site in Austin, Texas.

MONTCLAIR and CLIFTON, N.J., (March 31, 2022) – iBorrow, a nationwide private direct lender for commercial real estate, recently provided financing to support the acquisitions and repositionings of two vacant properties totaling nearly 50,000 square feet, both located in Northern New Jersey. The assets include a three-story, 19,952 square-foot property in Montclair, which was historically used as a self-storage facility, and...