Bridge Loan For Office Property

Loan Type:
Bridge Loan
Loan Amount:
$4,470,000
Loan Term:
2 YR
Amortization:
Interest Only
Recourse:
Non-Recourse
LTV:
69%

Challenges

Short term seasoning with current ownership after significantly increasing net operating income/value. Significant operations experience but limited ownership experience. High loan to original cost.

Solutions

Flexibility regarding the borrower’s ownership history, current financial strength and short term seasoning at higher net operating income. Money360 refinances higher rate loan on stabilized property for emerging/entrepreneurial owner/operator.

Ken Gaitan

Money360

View Bio

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