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6 Gas Station Portfolio Acquisition in Oregon & Washington; 71% LTV

Loan Amount
$8,550,000
Property Type
Gas Station
Area
Washington & Oregon
Purpose
Acquisition Loan
Brand
4 Branded, 2 Unbranded

- First Financial Capital successfully completed the financing for a gas station portfolio consisting of six gas stations, three of which were in Oregon and three in Washington. As a seasoned borrower with FFC, the borrower had reached out to FFC within a few working days the team had flown out to see each of the six sites. This was an attractive opportunity for our borrower with franchise agreements coming close to expiration.

- With tight deadlines and the lengthy traditional financing process for [special purpose properties](https://www.firstfincap.com/articles/special-purpose-property), our borrower used our bridge financing to tie up the transaction within 2 weeks time.

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