Hospitality Property In Seaside, Oregon

Loan Type:
Bridge Loan
Loan Amount:
$22,000,000
Loan Term:
2 YR
Amortization:
Interest Only
Recourse:
Non-Recourse
LTV:
65%

Challenges

Two hotels in Oregon: $10,000,000 + $12,000,000 = $22,000,000


The borrower needed to refinance and had a tight timeline. He was working with another lender that could not ultimately perform. That’s when the borrower turned to Money360!

Solutions

Money360 saw opportunity to properly structure the transactions to assist him in executing his business plan. We provided a custom solution, quick funding, and a unique structure. Structure was key.

David Christensen

Money360

View Bio

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