Multi-family Atlanta
Location: Atlanta, GA
Loan Amount: $20,400,000
Term: 12 month
Amortization: I/O
Execution: Agency
Short-term Acquisition Bridge to Stabilization
DCap originated this short-term acquisition bridge loan that closed in less than 30 days. This allowed their sponsor to close on their 1031 Exchange and provide them with time to stabilize the asset for permanent financing.