We have rehabbed 90 of 98 units on this project and currently have 100% occupancy on the completed units and over 98% occ over the last 6 months.
Looking for lender or private investor(s) that can refi this project. Currently worth approximately $3M as is. Need $1.6M to pay off current loan, investors and majority owner. Need another $400K to complete rehab of 8 units plus landscaping and parking lot improvements. $2.0M total. 66% LTV
Non-recourse funding needed. If you can help please contact me asap. Thank you. Anthony Chara 303.745.5525
I see that this request was posted about two months ago. Are you still looking for a lender/private equity for this deal? I may be able to help. Let me know as soon as possible.