New Loan Funded!

Collateral 1: Plumbago Rd, Palm Bay, FLCollateral 2: Oak Haven Dr, Melbourne, FLCollateral 3: Jasper Ave, Palm Bay, FL

Collateral:

Collateral 1: Plumbago Rd, Palm Bay, FL
Collateral 2:Oak Haven Dr, Melbourne, FL
Collateral 3: Jasper Ave, Palm Bay, FL

Description:

Borrower requested a $700,000 loan to refinance 3 single-family properties in Palm Bay and
Melbourne Flordia. This refinance will serve as a short-term bridge to long-term debt, once there is seasoning on the new leases.

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.