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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