Manufactured Housing In West Sacramento, CA

Loan Type:
Bridge Loan
Loan Amount:
$5,000,000
Loan Term:
3 YR
Amortization:
Interest Only
Recourse:
Non-Recourse
LTV:
46%

Challenges

Borrower had an unstabilized property, manufactured housing community, and needed a flexible loan structure to refinance his current loan. Structuring the underlying land lease was the biggest issue.

Solutions

Flexible structure was the key. Once Money360 understood the deal, we responded with viable structure solutions that the sponsor was happy with. Money360 provides innovative lending structure. We are able to be creative and innovative in our structuring deals because our credit team has decades of experience in commercial real estate.

Subscribe to Our Newsletter

Stay up to date on the latest CRE news and trends