$23.15 Million | Office
Carmel, IN
- Loan Amount: $23,150,000
- Loan Term: 36 Months
- LTV: 75%
• The borrower needed funds to pay off existing mortgage and to keep the TI’s moving forward.
• We had the ability to come into the middle of the project and help get the loan funded.
• We also provided value add money that allowed the borrower to continue the TI improvements so they could stabilize the property once completed.
Money360 can create custom bridge loan solutions to finance transitional or unstabilized properties throughout the United States.
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