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

• 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.

Stratos Athanassiades

Money360

View Bio

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