Harrington Mishler, LLC

Harrington Mishler, LLC (HM) is a single asset holding company owned by Rick Harrington and Brian Mishler that was incorporated in 2002.  At that time, HM acquired the land on which they subsequently constructed two adjacent professional office-building structures referred to as The Harrington Center. 

The property consists of a 3.12± acre parcel that is improved with two adjacent, single-story office/flex use building that contain ~33,500± SF. The buildings were constructed of precast panel/drywall construction and have 12 separate leasable units.

Many years ago, HM refinanced the property into a several million dollar conduit loan. That loan was structured as a 10-year term and 30-year amortization which was scheduled to balloon in January 2016.  That’s when HM sought a traditional bank commercial mortgage lending partner that would refinance their ballooning balance at competitive market terms.

Testimony from Rick Harrington and Brian Mishler - Principals in Harrington Mishler, LLC:

“After having had a less than satisfactory experience with a big national banking partner on the prior permanent loan financing for our professional office building, we approached Peter Allport at Padlock.  Together we explored refinance options for our building and were pleased that Padlock could see what we needed.  Padlock’s interest in financing investment real estate, and their capacity for CRE lending, allowed them to deliver a perfect solution for us.

AboutBradford Unity Bank (URB): WithBradford Unity Bank , borrowers benefit from our problem solving, rapid decision-making and knowledge that only years of experience can bring. These qualities help us meet your special, and sometimes complex, lending needs in extraordinary ways.  For more information, visit: Bradford Unity Bank /commercial loans.