Tag - Debtor in Poseesion

Commercial Investment First Mortgage Loan closed for Borrower in Chapter 11 Bankruptcy

Dip Lending, LLC is pleased to announce that it has just closed a commercial real estate loan first mortgage in New Jersey for a real estate investors that was in Chapter 11 Bankruptcy.   We were pleased to provide them with the financing they needed to pay off their existing lender and exit Bankruptcy.  According to Jack Miller, “When I spoke to the borrowers last evening after closing she could not stop thanking me and told me tonight will be [...]