Latest Transaction


Location

Phoenix, AZ

Property Type

Multifamily

Loan Type

Acquisition

Loan Program

Short-Term Bride Loan

Amount

$1,850,000

Need:

The Borrower needed an acquisition loan to acquire the property and complete a renovation of all of the units to a higher quality and finish.

Solution:

The Borrower had recently renovated a similar project to a Class A property, which helped VCREF get comfortable with the business plan and close quickly for the Borrower.

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