Deal Highlights
Loan Amount: $1,200,000
Loan Type: Purchase loan for a 5-unit multifamily property
LTV: 60%
Loan Term: 12 months
Lien Type: 1st lien
Property Type: Multifamily (5 units)
About This Deal
SDC CAPITAL recently funded a $1.2 million loan for the purchase of a 5-unit multifamily property, structured at 60% loan-to-value with a 12-month term. We closed in just 8 days, with no third-party appraisal required.
This loan was for a high-vacancy property with deferred maintenance, but the borrower—a seasoned real estate investor launching his own investment company—had a clear value-add plan. The strategy is to renovate the vacant units and lease them at market rents, positioning the property for strong upside with an estimated after-repair value of $2.2 million.
The deal reflects SDC CAPITAL’s ability to support borrowers who need funding ASAP. If you need fast, flexible financing for your next deal, call 424-304-1072 or email info@sdccap.com to get started.
