Bridge Loan – Future 179-Unit Apartment Project

bridgeland

$7,500,000

Bridge Loan – Future 179-Unit Apartment Project

Woodburn, OR

Cash-out refinance of a permitted land tract (permitted for 407 apartment units). High-leverage financing with a 30-day closing, located near Amazon distribution facility.

Deal Terms

Loan Amount$7,500,000

Term6 Months

Rate7.95%

LTV65%

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