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.

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