$9.9 Million | Retail
- Loan Amount: $9,900,000
- Loan Term: 3 Years
- LTV: 45%
• The borrower was looking to refinance their loan with a friendly lender that would take the time to understand their needs and provide friendly terms.
• The borrower needed a loan structure that provided capital necessary for CapEx and tenant improvements/leasing commissions (TI/LC).
• This repeat borrower needed financing with similar terms as past loans with Money360. He trusted we would deliver as promised and provide a loan structure to help him execute his business plan successfully.
• The loan is secured by a 134,975 square foot, 18-unit, grocery anchored retail center in Louisville, KY.
Stay up to date on the latest CRE news and trends