• Loan Amount * $1,250,000
  • Rate * 10.99%
  • Appraised Value * $4,245,000
  • Term * 36 months, IO
  • Lien Position * First

Our Borrower acquired these light industrial properties in 2008. The Borrower is planning on a large-scale development project with the neighboring properties and was in need of capital to start the planning phase.