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Intermediate Bridge Loan in Killeen, TX

Verus provided an acquisition bridge loan for the purchase of a 150 unit multifamily to a repeat sponsor.  The first position mortgage was 75% LTV/LTPP + 100% of CapEx funding.

  • Location: Killeen, TX
  • Property Type: Multifamily
  • Loan Type: Acquisition
  • Loan Program: Intermediate Bridge Loan
  • Amount: $10,390,000

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