Bridge Loan For Special Purpose Property
- Loan Type:
- Bridge Loan
- Loan Amount:
- $3,322,210
- Loan Term:
- 2 YR
- Amortization:
- Interest Only
- Recourse:
- Non-Recourse
- LTV:
- 61.3%
Challenges
• Borrower was looking for funding on a specialty property type.
Solutions
• Money360 worked to get comfortable with the tenant and provided a quick close to meet acquisition timing.
Subscribe to Our Newsletter
Stay up to date on the latest CRE news and trends