$6.5MM Land Parcel Acquisition | Pensacola, FL

Structured and arranged a high-leverage bridge loan to fund the land acquisition and predevelopment for a waterfront multi-family development in Pensacola, FL.

Challenges

Client had a purchase and sale agreement that expired in just 30 days. Additionally, client was seeking 90% loan to cost with no time for a formal due diligence period and very little balance sheet to support the loan.

Aruyel Nurbekova

JUNIOR ANALYST

Email

anurbekova@eyzenberg.com

D: (305) 995-0777

Alexei Muniak

ORIGINATOR

Email

amuniak@eyzenberg.com

D: (305) 995-0777 ext. 309
C: (917) 536-1057