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Hotel to Multifamily Conversion

Atlantic City, ניו ג'רסי, ארצות הברית

Loan Amount

$4,950,000

Deal Description

The borrower was an exsiting cleint of the firm who we have funded his previous hotel conversion deals.


This particuliar loan offerd the client maximum flexibility to be able to properyl excute on their conversion startegy and most notably we were able to close the loan in 30 days!


Property Location

Atlantic City, ניו ג'רסי, ארצות הברית

 Quick Stats 
Partner Type

Debt Fund

Program Type

Acquisition Loan

Program details

70% LTV
18 month term
interest only
Non-Recourse
Under 30 day close

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