Office Property In Darien, CT

Loan Type:
Bridge Loan
Loan Amount:
$5,250,000
Loan Term:
3 YR
Amortization:
Interest Only
Recourse:
Recourse
LTV:
57%

Challenges

The borrower had a hard deadline and was looking to refinance their high interest rate loan with their current lender. They also needed additional capital for tenant improvements and CapEx for property improvement.

Solutions

Money360 provided refinance loan with a flexible loan structure that enabled the borrower to not only keep the property, but we also provided additional capital for tenant improvements and CapEx.

Ken Wood

Money360, Inc.

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