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» $1 Million - Two Condominiums, Lahaina, HI

Posted by Loan Closed

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The sponsor approached Avatar with a need to refinance and obtain cash out from two water front condominums in Lahaina, Hawaii. Timing was critical, as the sponsor needed the cash out to meet a development deadline on a separate condominium project. Avatar was able to meet the short time frame, providing capital within 15 business days. 

  • Loan Amount: $1,000,000
  • Interest Rate: 8.99%
  • Term: 24 months
  • LTV: 63%


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