Sunlite Mortgage understands the importance of enhancing the value of office properties through capital improvements, and we are here to assist borrowers in achieving their goals.
Our short-term financing option, typically with a duration of two years or less, provides borrowers with access to a property’s equity for capital improvements or repairs. This financing solution eliminates the need to rely on personal funds or less flexible, higher-cost alternatives. The primary objective is to increase lease rates, secure longer lease agreements, and reduce operating expenses to drive up the value of the property, making it eligible for standard financing.
When considering this type of financing, several key factors come into play. The borrower’s expertise in managing office properties, along with their net worth and liquidity, are carefully evaluated. Additionally, the location and quality of the property itself are significant considerations that impact the financing decision.
At Sunlite Mortgage, we recognize the unique challenges and opportunities that arise when repositioning and renovating office properties. Our short-term financing solution provides the necessary funds to execute capital improvements and repairs, enabling borrowers to enhance the value and desirability of their office assets.
By partnering with us, borrowers can leverage our expertise and knowledge of the industry to determine the best course of action for their specific office property repositioning and renovation needs. Our empowered advisors are ready to guide borrowers through the financing process, ensuring a common-sense mortgage solution that aligns with their objectives.
Contact us today to discuss your office property repositioning and renovation plans and let us help you secure the short-term financing necessary to unlock the full potential of your office asset.
