$15,725,000 Acquisition and Construction Loan

Category

Tags

Property Type

May 19, 2022

We are proud to have provided this $15,725,000 acquisition and construction loan to a Repeat Borrower to purchase one of the best-remaining lots on Maui, to build a beautiful estate and guest house. The timeline was tight to close, requiring us to pull out all the stops to meet this short window. Zoning on this property allows for rare licensing as an Airbnb/VRBO. Located in the resort area of Lahaina, a stone’s throw away from all the popular resorts. This majestic land has beautiful ocean views and direct access to the beach. When completed, this will be one of the most sought-after resort rentals. We are excited to be a part of this great project.

Closing Highlights

  • Quick Close
  • Repeat Borrower
  • Exciting Resort Rental
  • 64% Loan to Future Value

You May Also Like…

$5,500,000 Cash-Out Refinance

$5,500,000 Cash-Out Refinance

PAIA, HI- For a cash-out refinance, our repeat borrower wanted to utilize the existing equity in their beautiful...

Rodeo Lending
Loading...