Distressed borrower came to Fortis to save his Building that was Vacant, Unhabitable, Un-rentable and in Foreclosure with years of unpaid taxes. Fortis liked the location
and understood how the borrower ended up in such a bad spot. Fortis negotiated a discounted payoff with the foreclosing lender and funded a high LTV first mortgage to clear up all debt and funded
the renovations and new construction. The property value more than double after completion.