Equity Bridge Capital is pleased to announce the closing of a $15M 1st position private money construction loan for a 150 unit multi-family project in the Dallas/Fort Worth Area. The sponsor’s financials, experience, and project math hit all the requisite due diligence boxes leading to a successful funding with the following high level deal points:
- Day 1 LTV 80%
- After Completion LTV 43%
- Project LTC 62%
- Pace Participation $9M
Equity Bridge Capital is a leading San Francisco based real estate loan and investment company - proving private money financing for residential and commercial purchases , refinances, and construction projects in California and select urban infill locations Nationwide. Our 1st and 2nd position equity loans range from $200,000 to $20,000,000+ for borrowers seeking fast, non-bank underwriting and funding.
For more info and a quick quote please contact me
Tel: 415-760-2338
Email: art@equitybridge.com
Art Gilberg - Broker/Owner
Equity Bridge Capital
Ca DRE: 01868465
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