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CASE STUDY: Hospitality CMBS Loan Assumption


Property Type: Hospitality- CMBS Loan Assumption

City & State: Bluffton, SC

Current Loan Balance: $5.7MM

Resolution: Assumption – Property sold via the Ten-X auction platform and involved very tight timeframes for approvals and closing. All deadlines were met.

Total Days to Final Approval: 50

Date Completed: August 29, 2019