$9.9 Million | Retail
St. Petersburg, FL
- Loan Amount: $9,900,000
- Loan Term: 3 Years
- LTV: 45%
• The borrower’s current loan was maturing and needed to close quickly.
• The borrower was looking for the right loan structure that provided capital for tenant improvements and the ability to buy out a partner.
• Money360 has established trust with this borrower so they came to us knowing we would deliver like we have in the past.
• The borrow had peace of mind knowing we would close on schedule with the proceeds needed to fully execute their business plan.
Money360 can create custom bridge loan solutions to finance transitional or unstabilized properties throughout the United States.
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