FM Capital Originates a $1.3 Million Bridge Loan in Titusville, FL
Apr 1, 2019
FM Capital’s direct lending platform originated a $1.3 Million Bridge loan for the refinancing of a multifamily property in Titusville, FL. Sponsorship is in the final stages of completing the transformation from an 85-key motel to a 48-unit multifamily property. The property benefits from fantastic views of the water, as well as immediate access to major highways. FM Capital was able to use the great potential of this property to get this deal done seamlessly.