Life Co Bridge Loan

$3,600,000 LifeCo Bridge Loan

Location: Farmington Hills, MI
Loan Amount: $3,600,000
Term: 3+1+1 Years 
Amortization: Interest Only
Execution: Life Insurance - Bridge Loan

District Capital was able to procure a bridge loan from our correspondent Life Insurance Lender. The lender provided an attractive interest rate and access to future advancements for capital improvements and TI/LC money. Future advancements are not accruing while not deployed.