Multi-Family Atlanta

$20,400,000 Short-term Acquisition Bridge to Stabilization

Location: Atlanta, GA
Loan Amount: $20,400,000
Term: 12 months
Amortization: I/O
Execution: Agency

Dcap originated this short-term acquisition bridge loan that closed in less than 30 days. This allowed their sponsor to close on their 1031 Exchange and provide them with time to stabilize the asset for permanent financing.