CRE Borrowers Move Toward Alternative Lending Amid Inflation
The current condition of the Commercial Real Estate (CRE) market– and seemingly every other market, at this point – is anything but constant. Factors ranging from the pandemic hangover effect to supply-chain disruptions to record inflation to geopolitical instability...
Remodeling a 1031 Investment Property
Loan Amount * $250,000 Rate * 9.75% Appraised Value * $750,000 Term * 6 Months, Interest Only Lien Position * First Our return borrower was deep into a remodel with many cost overruns. Due to the ample equity in the property, we were able to make the borrower a loan...
Contractor Collateralizes Property to Finance Inherited Renovation
Loan Amount * $110,000 Rate * 8.49% Appraised Value * $400,000 Term * 12 Months, Interest Only Lien Position * First Our borrower inherited a high-end house in need of renovations with other relatives. We were able to make our borrower a loan secured by a rental...
