$1,725,000 Owner-Occupied Commercial Mortgage | Restaurant Expansion – Morris County, NJ

To support the opening of a second restaurant location in Morris County, New Jersey, the client required a highly customized financing structure to support both acquisition and expansion. Cascade Capital Advisors secured a $1,725,000, 25-year owner-occupied commercial mortgage through a complex combination of a conventional commercial loan, an SBA 504 loan, and an SBA 7(a) loan. The proceeds financed the purchase of real estate from another institution’s OREO portfolio, the acquisition of a liquor license from a trustee, renovations, equipment, and working capital. As the most complex transaction of the year, the deal required precise coordination and strategic structuring to bring all elements together successfully.