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