Archway Capital provided a 76% LTC acquisition and construction loan on an existing 8,000 SF SFR with tentative plans to add 5,000–7,000 SF to develop a Luxury Spec SFR on a 1-acre parcel in Bel Air. The loan term is 24-months with a two 6-month extension option and a 12-month yield maintenance requirement at 7.50%
- Property Type : Office
- Loan Type : Bridge Loan
- State : Texas
- City : San Antonio
- Funded Amount : $12,675,000