Capital Investments has successfully closed a $350,000 loan for an office condominium in downtown Minneapolis. The borrower, a healthcare professional establishing a new practice, needed financing that banks were unwilling to provide due to the specialized nature of the space.
The 1,500 square foot office condo will be converted into a state-of-the-art medical clinic, requiring significant buildout and specialized equipment. Our loan provides both acquisition and renovation financing, allowing the borrower to complete the project with a single loan.
Office condominiums represent an excellent opportunity for business owners to build equity rather than paying rent. However, conventional lenders often struggle with these properties, especially when they involve specialized use cases. At Capital Investments, we have the expertise to evaluate these opportunities based on their true potential, providing financing solutions that support entrepreneurship and professional services.
Capital Investments LLC, mortgage lending is in our blood. In fact, we have decades of experience in this business, with members of our team having either owned or held senior positions in numerous mortgage companies, banks, title companies, and other real estate businesses. We've also been property investors ourselves, and understand the importance of receiving fast, knowledgeable service from a lender.
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