Loan amount
$25,000,000
Loan type
As-Is Property Value
$78,400,000
LTV
32%
{LTV}
Property type
Residential development
Borrower Details
Credit score
700
Deal experience
45 deals
This loan scenario was submitted by a Broker
Property Details
State
Hawaii
Loan Details
Additional Loan Information
350 single family detached homes, 60 condos all entitled. First phase sold of 40 homes out in 6 months, just finished building it out. Looking to buy my mortgage at 20% discount. Property located in Waikoloa. Loan duration 6-12 months.
Status
Closed
Created
August 11, 2020 - 10:00am
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