Retail Property In Punta Gorda, Florida

Loan Type:
Bridge Loan
Loan Amount:
$26,000,000
Loan Term:
2 YR
Amortization:
Interest Only
Recourse:
Non-Recourse
LTV:
58%

Challenges

The Borrower had an unstabilized, mixed-use property with unique characteristics and needed quick financing to renovate the property.

Solutions

We 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.

Stratos Athanassiades

Money360

View Bio

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