Parkway International Capital Group Successfully Closes $7.3 Million Real Estate Construction Loan Deal in Bakersfield-Delano, California
Bakersfield-Delano, CA, July 17, 2024 --(PR.com)-- Parkway International Capital Group (PIC-Group) has announced the successful closure of a significant real estate construction loan deal in Bakersfield-Delano California, valued at $7.3 million. The transaction, finalized on July 12, 2024, marks a pivotal moment for both PIC-Group and the borrower, facilitating the commencement of ground construction for a multifamily project.
The borrower, who was shovel-ready but required funding to initiate construction, approached PIC-Group for financial assistance. The loan, with a term of 36 months, was processed swiftly, taking only 28 days from submission to closure.
"We are pleased to have facilitated this crucial stage of the project's development," said Peter Aman, CEO of Parkway International Capital Group. "Working with experienced and qualified borrowers, supported by comprehensive documentation, streamlines the financing process significantly. This efficient execution underscores our commitment to delivering timely and effective financial solutions."
The smooth processing of the loan was also credited to the collaboration with the broker involved in the transaction. Their expertise and proactive approach contributed to overcoming potential challenges and ensuring a seamless closing process.
This successful transaction not only highlights PIC-Group's capability to support complex real estate ventures but also reinforces its position as a trusted partner in the financial landscape. By enabling timely access to capital, PIC-Group continues to empower developers and investors to realize their strategic goals.
For more information about Parkway International Capital Group and its services, visit www.PIC-Group.net.
About Parkway International Capital Group:
Parkway International Capital Group (PIC-Group) is a leading financial institution specializing in providing tailored financial solutions for real estate development projects. With a focus on efficiency and reliability, PIC-Group empowers clients with access to flexible capital solutions to achieve their investment objectives.
Media Contact:
Aaron Studwell
Marketing Director
Parkway International Capital Group
info@pic-group.net
The borrower, who was shovel-ready but required funding to initiate construction, approached PIC-Group for financial assistance. The loan, with a term of 36 months, was processed swiftly, taking only 28 days from submission to closure.
"We are pleased to have facilitated this crucial stage of the project's development," said Peter Aman, CEO of Parkway International Capital Group. "Working with experienced and qualified borrowers, supported by comprehensive documentation, streamlines the financing process significantly. This efficient execution underscores our commitment to delivering timely and effective financial solutions."
The smooth processing of the loan was also credited to the collaboration with the broker involved in the transaction. Their expertise and proactive approach contributed to overcoming potential challenges and ensuring a seamless closing process.
This successful transaction not only highlights PIC-Group's capability to support complex real estate ventures but also reinforces its position as a trusted partner in the financial landscape. By enabling timely access to capital, PIC-Group continues to empower developers and investors to realize their strategic goals.
For more information about Parkway International Capital Group and its services, visit www.PIC-Group.net.
About Parkway International Capital Group:
Parkway International Capital Group (PIC-Group) is a leading financial institution specializing in providing tailored financial solutions for real estate development projects. With a focus on efficiency and reliability, PIC-Group empowers clients with access to flexible capital solutions to achieve their investment objectives.
Media Contact:
Aaron Studwell
Marketing Director
Parkway International Capital Group
info@pic-group.net
Contact
Parkway International Capital Group
Aaron Studwell
916-836-1771
https://pic-group.net
Aaron Studwell
Contact
Aaron Studwell
916-836-1771
https://pic-group.net
Aaron Studwell
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