This SFG of Arizona Repeat Borrower needed quick bridge funding on one of their recently remodeled apartment buildings north of downtown Phoenix.
The Term sheet was issued on 3/16, loan funded 3/23 – a quick, 1-week turnaround to pull cash out on this 28-unit apartment building renovated in 2017.
The Borrower’s will be putting the subject property on the market soon, but in the meantime, needed funds to secure the purchase of another strong apartment opportunity.
That’s, Capital at the Speed of Business.