Loan amount
$16,000,000
Loan type
Refinance
{Construction}
After Repair Value
$45,000,000
ARV
36%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
750
Deal experience
20 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Kennet
State
New York
Loan Details
Current mortgage balance
$0
Cost of improvements
$16,000,000
Estimated property value after repairs
$45,000,000
Additional Loan Information
Construction loan to complete a hospital, they own the property free and clear.
Status
Open
Created
June 6, 2022 - 6:01pm
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