Elite Business Service, LLC ("EBSC Lending"), a leader in financing real estate throughout the United States and a specialized multifamily and seniors housing bridge lending platform, today announced the closing of a $13,000,000 in bridge financing f

PARSIPPANY, N.J., April 09, 2025 (GLOBE NEWSWIRE) -- EBSC Lending is pleased to announce the successful closing of a $13,000,000 bridge loan, finalized in just 23 business days from the initial capital request. The financing was originated by Martin Alex, CEO of EBSC Lending, and marks another strategic addition to our growing portfolio.

The borrower, a repeat EBSC client, required a short-term bridge loan to refinance existing debt and position their property - consisting of over 86 assisted living and memory care units​ - for long-term bank financing. Located in a well-established office park, the asset is expected to transition to permanent financing in the near future. Given the fast ...

https://www.benzinga.com/pressreleases/25/04/g44725843/elite-business-service-llc-ebsc-lending-a-leader-in-financing-real-estate-throughout-the-united-st