Loan amount
$18,000,000
Loan type
As-Is Property Value
$30,000,000
LTV
60%
{LTV}
Property type
Commercial development
Borrower Details
Credit score
700
Deal experience
20 deals
This loan scenario was submitted by a Broker
Property Details
State
Hawaii
Loan Details
Additional Loan Information
Oceanfront 70 acres of Ag 2 land with 32 CPR for commercial office space and 8 warehouses. Request 5.5 million Development loan and refi existing 11.5 for total of 18m to complete phase 2 of development. Property located in Kahuku, HI.
Status
Closed
Created
June 12, 2020 - 2:36pm
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