$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.