Bridge Loan For Multifamily Property

Loan Type:
Bridge Loan
Loan Amount:
$15,925,000
Loan Term:
3 YR
Amortization:
Interest Only
Recourse:
Non-Recourse
LTV:
75%

Challenges

• This property was not stable and the borrower wanted to make major renovations and upgrades.

Solutions

• Acquisition financing and future funding for property improvements and upgrades to all units.

Stratos Athanassiades

Money360

View Bio

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