- Loan Amount: $19,920,000
- Loan Term: 3 YR
- LTV: 59%
Office Property In Southfield, MI
- Loan Type:
- Bridge Loan
- Loan Amount:
- Loan Term:
- 2 YR
- Interest Only
• The borrower was looking to purchase the property in a short timeline.
• The property has a tenant that occupies a majority of the building and they needed a loan with a flexible structure for tenant improvements and future funding.
• Money360 provided a quick close and the right structure that included money for tenant improvements and future funding.
• Speed and flexible structure got this loan funded on schedule.
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