Bridge loan for a 97.1-acre master-planned, mixed-use community

[Steve Tiemann]

• 97.1 acre project located in Fauquier County, Virginia, approximately 45 miles southwest of Washington D.C.
• Mixed-use development plan has received final approval from Fauquier County Board of Supervisors
• Fauquier County's current assessed value of the 97.1 acres is over $ 11 Million
• Bridge loan of $ 4.5 Million will pay off existing 1st lien on the 97.1 acres, and enable principals to complete site engineering, site plan approval process, and begin land development 
• Principals have cash investment of over $ 8.5 Million in the project
• Principals have equity of over $ 8.5 Million in the 97.1 acres
• Bridge loan will bridge to equity and / or senior debt financing to complete land development
• Because of ownership of and equity in the 97.1 acres and final approval of mixed-use development plan, project is much stronger than typical new development
• For Executive Summary, email Steve Tiemann at [e-mail]

[Diane Charles]

Hi Steve,

I have sent you an email requesting the Executive Summary. 

Thanks,

Diane Charles

[Marie]

Send me your summary and financials.

[e-mail]

561-444-9460

Marie

[Michael Shaw]

Hard Money Mike 443-838-9563

South Ft. Myers FL. Since 1971. fishermike50@gmail

All 50 states. JUST LIVING THE DREAM!

[Leah Pollack]

Steve,

I have sent you an email. Please send executive summary to [e-mail] so I can get started and see if Eastern has an appetite for the deal.

Best,

Leah Pollack

732-301-3929

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