$525,000 – Medical Building in Florida
We provided a $525,000 acquisition loan to a borrower in Jacksonville, Florida. The loan is secured by a 4,140 SF medical office building.
$3,000,000 – Shopping Center in New York
We provided a $3,000,000 acquisition loan to a borrower in Middletown, New York. The loan is secured by a 97,984 SF retail shopping center.
$1,700,000 – Redevelopment Project in Maine
We provided a $1,700,000 redevelopment loan to a repeat borrower in Waterville, Maine. The loan is secured by 25.56 acre parcel, a 40,000 SF commercial condo, a 6 story residential tower and a 150 car parking lot.
$1,800,000 – Construction Loan in North Carolina
We provided a $1,800,000 construction loan to a repeat borrower in Cornelius, North Carolina. The construction loan is for the development of six Duplex units, one Single Family Home and a one-story Retail and Office Building consisting of 3,300 SF of rentable space.
$834,000 – Industrial Property in Michigan
We provided a $834,000 refinance loan to a borrower in Charlevoix, Michigan. The loan is secured by a 22.6 acre parcel with a 74,826 SF industrial building complex.
$430,000 – Condominiums in Florida
We provided a $430,000 refinance loan to a repeat borrower in Hallandale Beach, Florida. The loan is secured by two condominium properties.
$425,000 – Multi-family Building in New Jersey
We provided a $425,000 acquisition and improvement loan to a borrower in Union City, New Jersey. The loan is secured by a three story multi-family building with eleven units.
$7,000,000 – Boca Raton, Florida
We provided a $7,000,000 refinance loan to a borrower in Boca Raton, Florida. The loan is secured by a 22,425 SF two-story office building and a 39,000 SF single-story high-bay flex building.
$2,400,000 – Allapattah, Florida
We provided a $2,400,000 acquisition loan to a repeat borrower in Allapattah Miami, Florida. The loan is secured by several lots that are being developed into a multi-family building.
$1,025,000 – Princeton, New Jersey
We provided a $1,025,000 acquisition loan to a borrower in Princeton, New Jersey. The loan is secured by a 25,000 SF building on a 5.76 acres with 85 parking spaces as part of an 82 acre condominium.
$6,950,000 – Allapattah, Florida
We provided a $6,950,000 refinance loan to a repeat borrower in Allapattah Miami, Florida. The loan is secured by a 11,888 SF six-unit apartment building and six commercial multi-tenant buildings (office/retail).
$1,801,080 – Saco, Maine
We provided a $1,801,080 construction and improvement loan to a repeat borrower in Saco, Maine. The loan is secured by 32 lots under development.
$1,500,000 – Boca Raton, Florida
We provided a $1,500,000 acquisition loan to a repeat borrower in Boca Raton, Florida. The loan is secured by a 10,192 SF building with 13 office condominium units at a prime location near restaurants, shops and a state university.
$5,825,000 – Lansing & Warren, Michigan
We provided a $5,825,000 acquisition loan to a repeat borrower in Lansing and Warren, Michigan. The loan is secured by three mobile home parks, collectively consisting of 703 mobile homes.
$460,000 Single Family Homes in North Carolina
We provided a $460,000 construction loan to a repeat borrower in Charlotte, North Carolina. The loan is secured by a 1,918 SF three story, single family home and a 1,911 SF two story single family home.
$750,000 Working Capital in Tallahassee
We provided a $750,000 working capital loan to a borrower in Tallahassee, Florida. The loan is secured by a three story 5,538 SF historic building and a 16,000 SF parking lot.
$785,000 Single Family Homes in Alabama
We provided a $785,000 acquisition and development loan for a 29 acre subdivision to a borrower in Robertsdale, Alabama. The loan proceeds are used for the acquisition and site improvement of 34 lots.
$250,000 Vacant Land in Florida
We provided a $250,000 acquisition loan to a repeat borrower in Crawfordville, Florida. The loan is secured by a 21-acre parcel of land located at the intersection of US-98 Highway and Spring Creek Highway.