2.1MM – Connecticut – Retail

Area

West Haven, CT

Property Type

Retail - Mixed Use Shopping Center (4 Apts. over 10 Retail Units)

Loan Type

Bridge

A long time LFCP client, due to COVID, the sponsor had purchased this property via a 1031 Exchange in addition to seller financing. Our firm was able to execute a bridge loan to cure the maturity default that had impacted them from the pandemic.

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