Loan amount
$16,000,000
Loan type
Refinance
{Construction}
After Repair Value
$100,000,000
ARV
16%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
750
Deal experience
12 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Port Charlotte
State
Florida
Loan Details
Current mortgage balance
$7,000,000
Cost of improvements
$9,000,000
Estimated property value after repairs
$100,000,000
Additional Loan Information
Liquid sponsor with strong SREO portfolio and high FICO wants to buy this fully-entitled property out of foreclosure and obtain the permits to begin construction of 100 luxury condominiums. The construction loan will takeout this bridge loan. Sponsor is requesting a six month term with a six month extension option.
Status
Open
Created
August 28, 2026 - 10:25am
Hard Money Lenders Now Offering Real Estate Investor Loans in Florida Orlando | Tampa | Miami | Jacksonville | Gainesville | Tallahasee Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans