$1,000,000 Commercial Mortgage | Owner-Occupied Classic American Diner – Monmouth County, NJ

For a longtime hospitality operator with deep roots in Central New Jersey, Cascade Capital Advisors structured a $1 million owner-occupied commercial mortgage to stabilize and reinvest in a classic American diner. The financing refinanced a high-variable SBA loan at 11% into a fixed interest rate of 6.75%, while also funding capital improvements to the property and covering all closing costs—resulting in no out-of-pocket expenses for the client. Having immigrated to the United States over 40 years ago and built multiple diners throughout the region, the client now has improved cash flow and long-term certainty as they prepare for their next hospitality venture.