Office Property In Denver, CO

Loan Type:
Bridge Loan
Loan Amount:
$11,000,000
Loan Term:
2 YR
Amortization:
Interest Only
Recourse:
Recourse
LTV:
74%

Challenges

• The borrower was working with a different lender and the lender turned down the loan in the final stages.
• The borrower was facing a maturity default if they couldn’t get a loan.

Solutions

• Money360 provided upfront knowledge and understanding of the borrowers needs and we were able to provide quick funding and certainty of closing.
• The borrower was in a tough situation and trusted that Money360 could get the deal closed.

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