Business ProfileforStronghill Capital

We tried to avail a Mortgage against our property on ************************************************* in June of 2023. We were approached by Stonghill Captial in ****** ** in response to a requirement submitted online on Scotsmanguide.com. They Were interested in Giving us a Mortgage loan for which they asked for the requisite documents like the Rent Roll, The expenses and the income to come up with a Loan Amount. We sent them everything that they needed every time there was a need for any document all through the process.The Promise was to finish the Process in 45 Days after signing the contract and paying a deposit of $10000. which was fulfilled in a timely way by us. After 90 Days of time that they took, It seems like they came to feel that the loan of $450000 Against a plaza worth $1 Million was too small a loan for their portfolio and that was mentioned by them a few times during our conversations. Instead of terminating the contract at that time and refunding the money, they came back telling us that the insurance for the plaza was not good enough and that We would have to provide an insurance only approximately $70000 extra.I checked with my insurance agent and they said no one was able to do that due to the age of the property which Stronghill knew from day one. They knew our coverage and checked all the expenses before they estimated a meager 45% loan Coverage.On knowing that this insurance was not attainable and if it was it was at least 10 times the premium which would defeat the purpose for. taking the loan. They shopped for Insurance without our permission and came back with a $18000 Premium instead of the existing $1900. After refusing the loan, They did not refunded only $900 of the $10000 stating that they spent it on appraisal and a lawyer who still seems to be unpaid. We need our deposit back as a whole as they could not fulfill their committed loan and knew everything from Day one! More details available on request. This is a complete breach of Trust.