• Loan Type: Bridge
  • Loan Amount: $22,000,000
  • Term: 2 Years
  • Amortization: Interest Only
  • Recourse: Non-recourse
  • LTV: 65%

Challenges

Two hotels in Oregon: $10,000,000 + $12,000,000 = $22,000,000

The borrower needed to refinace and had a tight timeline. He was working with another lender that could not ultimately perform. That's when the borrower turned to Money360!

Solutions

Money360 saw opportunity to properly structure the transactions to assist him in executing his business plan. We provided a custom solution, quick funding, and a unique structure. Structure was key.

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
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