Congratulations Brandon, this is a good story of persistence, as well as how things happen when you are active in the market. You never know who may have the next deal.
I’m curious, is this using one of the bank sources you mentioned in earlier posts back in May? How are your bank relationships working out?
I’m curious, because it seems to be the season for banker to be out recruiting for loans. One of our biggest bank lenders just paid us a PR visit looking for more business. I’ve got another deal that two banks are competing for the deal, and offering terms that haven’t been negotiable in the last few years. It would seem lenders are loosening up for commercial real estate, or is that just in my market?