- Loan Amount: $19,995,000
- Loan Term: 2 YR
- LTV: 63.3%
Bridge Loan For Retail Property
- Loan Type:
- Bridge Loan
- Loan Amount:
- Loan Term:
- 2 YR
- Interest Only
• The borrower was looking for a cash-out refinance on a currently unencumbered property that would allow him to buy out a current partner and provide additional proceeds for CapEx and tenant improvements.
• Money360 provide flexibility for a partner buy out and additional capital for CapEx and Tenant improvements.
• We were patient with the borrower as he worked on leasing the property and gave him the peace of mind we would execute on schedule.
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