Bridge Loan For Multifamily Property

Loan Type:
Bridge Loan
Loan Amount:
$5,848,000
Loan Term:
3 YR
Amortization:
Interest Only
Recourse:
Non-Recourse
LTV:
75%

Challenges

Borrower was looking for funding to rehab the property, utilizing tenant improvements to increase value

Solutions

Money360 provided funds to allow the borrower to pay off existing debt and complete planned rehab of the property

Stratos Athanassiades

Money360

View Bio

Related Deals

Subscribe to Our Newsletter

Stay up to date on the latest CRE news and trends