Our borrower approached us with an intricate multi-leveled ownership structure that we efficiently worked through with all interested parties. This Palm Springs motel is in a perfect location and the borrower plans on transforming it into an ultra-chic and modern boutique hotel.
Our loan allowed the borrower to complete the purchase of the property on an ultra-short timeline. The borrower will exit the loan once plans and permits are complete by way of a conventional construction loan.
- 65% Loan to Purchase
- Intricate Ownership Structure
- Beautiful Location