funded by community capital

$17,400,000 Commercial Investment Property

Hallandale Beach, Florida

Plan: The borrower is using the funds to refinance an existing maturing note secured by the subject multi-tenant commercial office building. The Borrower intends to payoff the mortgage through refinancing with traditional the sale of the subject property.
$6,000,000 Rental Property

loan overview

$6,000,000

loan priority

1st Mortgage

loan type

loan to value (LTV)

34.5%

appraisal value

$17,400,000

Location

Hallandale Beach, Florida

term length (months)

24 Months

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