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Post by Ace on Dec 19, 2023 16:38:10 GMT
This loan is being refinanced by a new loan on PL at higher rates. Existing lenders will be given the option of rolling over. See platform comment on existing loan for details of rollover, or pending loan for details of the new loan.
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eeyore
Member of DD Central
Posts: 746
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Post by eeyore on Jan 3, 2024 16:04:06 GMT
Lenders in the loan can roll-over their loans into a new loan (Weymouth H***2) to provide capital to refinance loans for this hotel and a second hotel in Weymouth. Notice needs to be given on the Proplend website (Auto-Lend>Rollover) by the end of Sunday 7-January.
Allocation of funds for Always-On and Self-Select lenders will take place in the following days.
Details are in the email circulated to current lenders on Wed c14:00.
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sapphire
Member of DD Central
Posts: 485
Likes: 406
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Post by sapphire on Jan 17, 2024 14:47:51 GMT
This loan is being repaid / rolled over today.
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