Latest Transaction


Location

Clarksville, TN

Property Type

Multifamily

Loan Type

Refinance

Loan Program

Short-Term Bride Loan

Amount

$12,625,000

Need:

The sponsor needed to refinance the existing construction loan after leasing up 60% of the property in just two months.

Solution:

VCREF provided an equity recapture while refinancing the construction loan.

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