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Cordell Funding provides loans on commercial projects ranging from raw land to hotels.
We have made loans against all kinds of projects including residential land developments, office buildings, hotels, apartment buildings, golf course developments, high end Manhattan townhouses, timeshare developments, industrial parks, office parks, mobile home parks, marina/condo developments, warehouses, refrigerated meat processing plants, restaurants, casinos, amusement parks, a race track, a former Army depot, a Texas hunting ranch with very valuable water rights, a shoe factory, a former textile mill, a waterfront development in Monterey, California, a bakery, securities and even airplanes.
We will make DIP loans in bankruptcy court, buy defaulted mortgages and either foreclose or provide the capital for the borrower to negotiate a discounted payout to an existing first mortgage lender.
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