funded by community capital

$1,500,000 Commercial Investment Property

West Palm Beach, Florida

Subject property is a vacant retail building in downtown West Palm Beach, which the borrower intends to convert into a boutique hotel.

loan overview

$1,500,000

loan priority

1st Mortage

loan type

loan to value (LTV)

59.5%

appraisal value

$2,520,000

Location

West Palm Beach, Florida

term length (months)

24 months

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