$9.9 Million | Retail
St. Petersburg, FL
- Loan Amount: $9,900,000
- Loan Term: 3 Years
- LTV: 45%
• The borrower had an unstabilized, mixed-use property with unique characteristics and needed quick financing to renovate the property.
• Money360 got comfortable with the borrower’s real estate, their business plan, and with their ability to execute.
• We were transparent with the appraisal and executed the deal in the needed time-frame.
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