Outside the Region: W Financial provides $10.2m bridge loan for Fla. condo development

November 05, 2019 - Front Section

Naples, Fl W Financial has provided a $10.2 million first mortgage bridge loan secured by a newly-built condominium building located on 6th Ave. The borrower needed the bridge loan to repay their maturing construction loan. The borrower plans to repay the W Financial loan as the condominium units are sold.

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