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Direct Mortgage Lender Gets $100 Million
May 07, 2009[Update 1 reflects corrected loan ranges for Silo.] KPO Ventures bridged a real estate capital gap Wednesday when it committed $100m to a Stamford-based direct mortgage lender. The partnership allows Silo Financial Corp. to continue providing short-term bridge loans secured by commercial and investment property — focusing on loans from $750,000 to $20,000,000.
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