- Loan Amount: $7,000,000
- Broker's Commission: $70,000
- LTV: 66%
- Interest Rate: 8.50%
- Term: 24 months
Description
Avatar provided a $7 million commercial bridge loan for an office building in Santa Fe, New Mexico. The borrower put the subject property in contract and leased 100% of the building to the State of New Mexico during the diligence period.
- Loan Type: Commercial Bridge
- Loan Amount Range: $5M - $9.99M
This style property is located in Santa Fe 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.