Acquisition Loan
$1,400,000
Office/Warehouse, Locust Valley, NY
A direct-lender loan funded from our own balance sheet.
Terms of the loan
- Loan Amount
- $1,400,000
- Loan Type
- Acquisition Loan
- Property Type
- Office/Warehouse
- Market
- Locust Valley, NY
- Structure
- 10.50% Fixed for 18 MONTHS with option to extend for 12 more months
Borrower names and exact property addresses are withheld for confidentiality.
The transaction
Private Acquisition on an office/warehouse property in Locust Valley, NY. Loan amount $1,400,000. Terms: 10.50% Fixed for 18 MONTHS with option to extend for 12 more months.
- $1,400,000 loan amount
- Office/Warehouse · Locust Valley, NY
- Private Acquisition
- 10.50% Fixed for 18 MONTHS with option to extend for 12 more months
Also in the ledger
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Past performance is not indicative of future results. All loans subject to underwriting and collateral approval.