New Loan Funded!

0 Pritchard Rd, Jacksonville, FL 32220 & 52 Industrial Road, Elizabethtown, Pa 17022

Collateral:

0 Pritchard Rd, Jacksonville, FL 32220 & 52 Industrial Road, Elizabethtown, Pa 17022

Description:

Borrower requested a $3,500,000 loan to purchase commercial land in Jacksonville, Florida, while additionally pledging an industrial property in Elizabethtown Pennsylvania. The borrower is purchasing the property for $3,250,000 and plans to parcel the property and sell a portion of the land while developing the other portion. The borrower owns a food refrigeration company and is an experienced real estate investor. A recent appraisal is available.

Collateral:

Description:

This is a $480,000 new construction loan request, with $200,000 funded at closing, secured by a non-waterfront single-family-zoned lot in Redington Shores, Florida. The project will consist of a three-story, coastal-style home featuring three bedrooms, three bathrooms, approximately 2,072 heated square feet, and a two-car garage. The primary exit strategy is a retail sale.

Collateral:

Description:

This request is for a $200,000 new-construction loan, with $180,000 funded at closing, secured by a single-family property located in Lake Alfred, Florida. The project consists of a 3-bedroom, 3-bathroom residence totaling 3,114 square feet of living area, situated on approximately 0.35 acres, and includes a two-car garage and a game room. The primary anticipated exit is a retail sale of the completed property.

Collateral:

Description:

This request is for a $450,000 new construction loan, secured by a single-family home located in Tampa, Florida. The project consists of a 3-bedroom, 4-bathroom single-family residence totaling 2,275 square feet of living area, along with a two-car garage, an in-ground pool, and a detached pool house comprising an additional 575 square feet. The primary exit strategy is a retail sale.