$5.6M MIXED USE ACQUISITION

PROJECT INFO

$5,600,000
Distressed Note Bridge Loan
Mixed Use Property
Bronx, NY

PROJECT DETAILS

Client came to V³ when their existing bank was not able to renew their loan due to them being taken over by the FDIC.
V³ Lending assisted the client in negotiating a discounted payoff from the bank who acquired their loan and arranged a $5,600,000 bridge loan to take advantage of the discount.

Closed Transaction

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2591 Dallas Parkway

Frisco, Texas 75034

TF: 877-331-9583

P: 214-295-8354

F: 214-540-5169