Office Property In Morrisville, PA

Loan Type:
Bridge Loan
Loan Amount:
$2,250,000
Loan Term:
2 YR
Amortization:
Interest Only
Recourse:
Recourse
LTV:
73%

Challenges

• Our borrower was looking for a lender that would take the time to understand this opportunity. Understanding the local market and providing the right loan structure will allow the borrower to successfully execute their business plan.
• Money360 recently provided acquisition financing for the purchase and redevelopment of a retail property consisting of 242,972 square-feet in Christiansburg, VA

Solutions

• Money360 met with the borrower face-to-face to understand his business plan and learn more about his 40 years’ experience and successful track record in redevelopment.
• This lead to our ability to craft a loan based on an evolving plan.

Ken Wood

Money360

View Bio

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