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Updated about 1 year ago on . Most recent reply

User Stats

415
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94
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Logan Singleton
  • Lender
  • Boston, MA
94
Votes |
415
Posts

Direct Lenders Only: $5.2M Assisted Living Center O/O Financing

Logan Singleton
  • Lender
  • Boston, MA
Posted

Hello, BP community. I have a client seeking a $5.2M construction loan to construct an assisted living center in FL. They already have plans and permits. If you can help, email me or send a PM. 

Address: ****, Cape Coral, FL 33914
Asset Class: Assisted Living
# of Units: 42
Loan Type: New Construction
Loan Term: 12months + Extensions

# of Lots: 3
Amount Requested: 5.2M
As-Is Value: 1.5M
Existing Debt: $0.00
ARV: 8.2M
Project Summary: Construct a single structure spanning three lots that will be used as an assisted living center
Exit Strategy: Refinance into Perm Loan

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Fenway Funding Group
5.0 stars
4 Reviews

Most Popular Reply

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13
Posts
2
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Replied

Hey Logan I can fund the construction Loan , send your client to [email protected], I will be able to get the loan started 

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