Inland Mortgage Capital finished off 2017 by closing a $7,300,000 non-recourse first mortgage loan secured by two industrial buildings in Southern California. One of the buildings was occupied with
- Bridge Loan
- Industrial
Funded Deals
IMC secured a $4,650,000 non-recourse, first mortgage loan for an 84,781 SF industrial building in Evanston, IL. The local Borrower plans on a gut-rehab which will result in the
- Bridge Loan
- Industrial
Challenge iBorrow Solved: The iBorrow loan addressed the following issues: (i) refinanced the existing debt on the portfolio ($12MM), and (ii) recapitalized the ownership structure to allow the borrower
- Bridge Loan
- Industrial
Stronghill Capital funded this cash out loan of $563,500 on an industrial warehouse in New Haven, CT
- Warehouse
Dryden Capital closed this investment bridge loan on a single-family residence in Rohnert Park, CA for $725,000. This was secured as a 2nd lien at 8.5% interest, 63% loan
- Bridge Loan
- SFR
RBI Private Lending closed this land acquisition bridge loan in Hallandale Beach, FL for $1,250,000 in 7-days!
- Bridge Loan
- Land Entitled
Miramar Financial closed this land purchase acquisition bridge loan in Desert Hot Springs, CA for $400,000 @ 13% for 24 months at 61.54% loan to value.
- Bridge Loan
- Land Entitled
Revere funded a $9,000,000 loan on a 538.99 acre tract of land entitled for residential lot development in Justin, TX. The loan was used to refinance the existing mortgage
- Bridge Loan
- Land Entitled
Light Renovation First Mortgage Corsicana, TX CAPITAL SOLUTION : Bridge Loan for Light Renovation STRUCTURE : First Mortgage, 24 Month Term Loan Size : $10,900,000
- Bridge Loan
- Multi Family