$10.46 Million | Industrial
Summerville, SC
- Loan Amount: $10,462,000
- Loan Term: 2 Years
- LTV: 75%
• The borrower had a maturing loan and they needed to pay off existing lender in a short amount of time.
• They needed to refinance out of current loan.
• Money360 developed a structure to complete the pre-development work.
• Understanding the unique housing requirements in the city of Oakland and all interested parties helped achieve the goal of the city and sponsor.
Money360 can create custom bridge loan solutions to finance transitional or unstabilized properties throughout the United States.
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