HELVETICA FUNDED LOAN | SMALL BALANCE BRIDGE LOAN ON TWO FLORIDA MULTIFAMILY PROPERTIES

DAYTONA BEACH, FL - The Helvetica Group announced the funding of a purchase loan for two multi-family properties in Florida. Helvetica’s cross collateralized bridge loan financed 55% of the total acquisition cost. The first property was a 14-unit apartment complex in Daytona Beach, and the second property was a 10-unit multi-family building in Winter Haven. Both properties were fully leased and cash flowing, but at below market rents. The borrower was a foreign national who acquired the property with the intent of adding value by renovating the complex and increasing rents. Once stabilization efforts are finalized, the borrower intends to refinance into more permanent financing.

Helvetica provided competitive financing in order for the borrower to close on the property within a short time frame. Due to the management team’s experience they were able to conduct due diligence, underwrite and process the loan while navigating challenging title issues.

Helvetica offers a wide range of loan products for commercial and investment properties. We provide common sense underwriting and creative financing options for every loan scenario. Contact us today for a quick close without the hassle of traditional bank financing.

Deal Highlights:

Foreign National
Low LTV
Value-Add
Stabilization Loan
Quick closing
Cross Collateralize
Bridge Loan

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About Helvetica

The Helvetica Group is a a real estate investment bank and family office providing innovative private lending, distressed asset acquisitions, brokerage, investment management and family office services. Helvetica aggregates investor capital in pursuit of greater alpha by targeting diligently underwritten, alternative investments secured by real estate assets. Helvetica is a direct lender and invests on behalf of individual investors, trusts, pension plans, retirement funds and institutional investors. We work closely with brokers, bankers, lenders and financial advisors as strategic partners to provide clients with fast access to financing, affording them the opportunity to quickly leverage their real estate assets. The Helvetica Group and its affiliates provide alternative financing secured by a variety of property types including: residential, retail, office, apartments, storage, RV parks, mobile home parks, light industrial, mixed use and other special use properties.

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HELVETICA FUNDED LOAN | SMALL BALANCE BRIDGE LOAN ON TWO FLORIDA MULTIFAMILY PROPERTIES

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