$4.250MM – Single & multifamily residences – Greenwich, CT

  • Loan Amount: $4,250,000
  • Broker's Commission: $42,500
  • LTV: 58%
  • Interest Rate: 8.50%
  • Term: 1 year

Description

Avatar provided a $4.25 million multifamily bridge loan for single and multifamily residences in Greenwich, Connecticut. The property includes three condominiums- one single family residence and two condos that share a wall. Avatar’s loans retired the construction debt, held funds sufficient to complete the project with an interest reserve for the anticipated sell out period, and provided initial funding for the borrower’s next project.

  • Loan Type: Multifamily Bridge
  • Loan Amount Range: $1M - $4.99M

This style property is located in Greenwich is currently and has been listed on Avatar Financial Group. This property is listed at . It has bedrooms, bathrooms, and is . The property was built in year.

Avatar provided a $4.25 million multifamily bridge loan for single and multifamily residences in Greenwich, Connecticut. The property includes three condominiums- one single family residence and two condos that share a wall. Avatar’s loans retired the construction debt, held funds sufficient to complete the project with an interest reserve for the anticipated sell out period, and provided initial funding for the borrower’s next project.

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AVATAR FINANCIAL GROUP

1200 Westlake Avenue N, #1006
Seattle, WA 98109

Office: 206.728.5900
Toll-Free: 1.888.886.0097

For information about loan programs or loan
requests, email us at:
[email protected]

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