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Jun 23, 2020
A first-time borrower selected Grand Coast Capital Group to fund a 6-month renovation loan for $481,000. After vetting several lenders, the borrower decided to move forward with Grand Coast based on the clear roadmap we had set forth and our reputation as a reliable lender. Upon funding, the borrower began a full renovation of the Tudor-style home, built-in 1929. Located in one of Connecticut’s most desirable neighborhoods, Old Greenwich, the borrower converted this two-bedroom, one and a half bath, single-family home into an open concept living space. Additionally, a third bedroom and a first-floor half bath were added as well […]
May 1, 2019
Grand Coast Capital Group recently financed an experienced commercial developer/operator out of Rochester, NY. The $3.8M loan was used to refinance existing debt and complete renovations on a 27k SF four story mixed-use property in downtown Rochester. The first and second floors are 75% occupied with retail and office tenants. The borrower is in the process of redeveloping the third and fourth floor shell space into 14 loft style apartments. Please reach out to Matt DiVito (firstname.lastname@example.org or D: 857-403-1726), Grand Coast Capital Group’s VP of acquisitions if you would like to learn more about this deal or discuss a […]
Feb 19, 2019
In January, Grand Coast Capital financed an experienced local operator in Maine under our commercial lending program. The project, a nearly complete 42,000 SF mixed use development, was compelling for a number of reasons, including the sponsors track record at the site, the historic nature of the building and the progress made to-date on the renovation. The $4,000,000 in proceeds will be used to refinancing existing debt, execute on tax credits and complete construction on a 25 unit apartment building that occupies the top three floors of the building. Interestingly, the project and renovations were accepted by the National Park […]
Nov 2, 2018
Gilford, NH Commercial Bridge $2,015,000 A repeat borrower recently purchased this 100,000 square foot office building in Gilford, NH. They came to Grand Coast because of our ability to act fast and close on time. As a direct lender, we are putting our own money into the project. They plan on stabilizing the property and refinancing out with a traditional lender. To learn more about our commercial bridge or renovation loan programs, please email me at email@example.com or “click here” for our loan products (BJ Flyer).
Sep 13, 2018
Bryan Joyce of Grand Coast Capital Group discusses building a successful house-flipping business, including how to choose the right real estate agent, contractor and lender.