Athletic Club

– $7.5MM Bridge Loan
– Princeton, NJ

$7.5MM Bridge Loan on an 85,000 SQFT Facility. Pennant arranged Bridge Financing to retire all secured and unsecured debt. This allowed an
annual savings of $400K on its cash flow. The referring bank will retire our Bridge Loan at the end of 2019 since the company is trending towards record profitability.

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