• Loan Type: Bridge
  • Loan Amount: $23,155,000
  • Term: 3 Years
  • Amortization: Interest Only
  • Recourse: Non-recourse
  • LTV: 70%

Challenges

Our borrower was looking for a lender that would take the time to understand this opportunity. Understanding the local market and providing the right loan structure will allow the borrower to successfully execute their business plan. Money360 recently provided acquisition financing for the purchase and redevelopment of a retail property consisting of 242,972 square-feet in Christiansburg, VA

Solutions

Money360 met with the borrower face-to-face to understand his business plan and learn more about his 40 years’ experience and successful track record in redevelopment. This lead to our ability to craft a loan based on an evolving plan.

Bridge Loans

Money360 is a direct lender and can create custom bridge loan solutions to finance transitional or unstabilized properties throughout the United States.

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Permanent Loans

Money 360’s permanent loan program provides flexible, long-term financing at competitive rates and terms for stabilized commercial real estate throughout the United States.

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Why Money360?

  • Money360 is a Direct Lender
  • In-house Credit Approvals
  • Letters of Intent in 2-3 days
  • Funding in 3-5 weeks
Featured Properties