Seeking $10mm funding of (Preferred Assignment) First Trust Deed. Florida Light Industrial property. Appraised at $19.1mm, LTV 52%, 3 years, 8%, NOI $9.7mm. Will consider 2 funders of $5mm each.
No Brokers, please. Please note, this is not a loan application, it is a straight forward hypothecation of an First Trust Deed situation, which we hold.
Call me asap 877-570-5595