- Loan Amount: $27,522,500
- Loan Term: 3 YR
- LTV: 75%
Industrial Property In Oakland, CA
- Loan Type:
- Bridge Loan
- Loan Amount:
- Loan Term:
- 2 YR
- Interest Only
• The borrower had a maturing loan and they needed to pay off existing lender in a short amount of time.
• They needed to refinance out of current loan.
• Money360 developed a structure to complete the pre-development work.
• Understanding the unique housing requirements in the city of Oakland and all interested parties helped achieve the goal of the city and sponsor.
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