Bridge Loan For Office Property

Loan Type:
Bridge Loan
Loan Amount:
$21,450,000
Loan Term:
2 YR
Amortization:
Interest Only
Recourse:
Non-Recourse
LTV:
75%

Solutions

Newly constructed, high-quality multi-tenant office, Frisco, TX – Construction loan take- out included future funding for TI/LC. Strong location on the Dallas North Tollway proximate to the STAR (home of the Dallas Cowboys) mixed use complex. Project is in lease-up, flexible underwriting and certainty were keys to winning the deal.

Ken Gaitan

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