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$1,900,000 Commercial Manufacturing Warehouse

Fort Lauderdale, Florida

The borrower is using the funds to payoff a maturing mortgage. Borrower intends to payoff the mortgage by refinancing with traditional financing.
Blue and White Commercial and Manufacturing Warehouse with Large parking lot and palm trees in South Florida

loan overview

$1,900,000

loan priority

1st Mortgage

loan type

Refinance

loan to value (LTV)

56%

appraisal value

$3,400,000

interest rate %

Sub 10%

term length (months)

24 months

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