- Loan Amount: $19,995,000
- Loan Term: 2 YR
- LTV: 63.3%
Bridge Loan for a Retail Property
- Loan Type:
- Bridge Loan
- Loan Amount:
- Loan Term:
- 3 YR
- Interest Only
• The borrower had a pending loan maturity on a non-stabilized asset.
• They also needed additional capital for tenant improvements.
• Money30 provided the borrower with the initial funding to cover existing debt and additional capital for TI and CapEx.
• We effectively solved this loan maturity on the borrower’s property in transition.
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