QuickLiquidity LLC
09/25/2026 | Press release | Distributed by Public on 09/24/2026 21:42
QuickLiquidity Closes $812,500 Foreclosure Bailout on Condo Unit in Milwaukee, WI
Boca Raton, FL, September 25, 2026: QuickLiquidity, a direct private lender specializing in asset-based bridge loans for investment real estate, announced the closing of an $812,500 first mortgage bridge loan secured by a top-floor condominium unit in Milwaukee's Historic Third Ward. This loan was a foreclosure bailout that paid off an existing first mortgage and condominium association liens that were in active foreclosure.
The borrower had substantial equity in the unit but no path to a conventional refinance while the foreclosure actions were pending. The borrower came to QuickLiquidity because it is an asset-based lender that underwrites the strength of the collateral rather than the borrower's current situation.
The unit is one of the largest residential units in its building at approximately 2,574 square feet, configured as 3 bedrooms and 3 bathrooms, and it has been beautifully renovated with high-end finishes. The building sits on the Riverwalk in the Historic Third Ward, one of the strongest residential submarkets in Wisconsin.
Proceeds paid off the foreclosing first mortgage holder, satisfied the association's liens, and funded a 6-month interest reserve. The loan is a 12-month interest-only first mortgage with two six-month extension options, giving the borrower ample time to sell the unit or arrange permanent financing.
The loan closed in roughly two weeks from a signed term sheet, with no credit check.
"We are seeing a historic number of borrowers come to us in foreclosure, and what surprises people is how often the real estate itself is excellent," said A. Yoni Miller, Principal of QuickLiquidity. "A foreclosure filing tells you the borrower hit a rough patch. It does not tell you anything about the property. When there is real equity behind us, we can step in, pay off the lender, stop the sale, and give the borrower time to work it out."
QuickLiquidity continues to provide fast, reliable, asset-based bridge loans nationwide for real estate investors who need capital based on the strength of their property rather than their credit profile, including foreclosure bailouts and time-sensitive payoffs where conventional lenders cannot move.
Have questions regarding foreclosure bailout loans? Give us a call right now at 561-221-0881.
QuickLiquidity LLC published this content on September 25, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 25, 2026 at 03:42 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]