Self Storage Property In Panama City Beach, FL

Loan Type:
Bridge Loan
Loan Amount:
$1,500,000
Loan Term:
2 YR
Amortization:
Interest Only
Recourse:
Non-Recourse
LTV:
58%

Challenges

• The borrower needed an owner restructuring.

Solutions

• We understood the need for ownership restructure and got comfortable with their request and successfully restructured the borrowing entity.

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