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Deal Details
Private Loan Type
Purchase
Approx. Funding Date
01/02/2019
Property Type
Single Family Residence
Property City
Breckenridge
Property State
CO
Lien Type
1st Mortgage
Payment Type
Interest Only
Deal Summary
IceCap Group, a direct private lending firm, funded a $1,300,000 1st lien position bridge loan for the acquisition of a vacant land and construction of a single-family home in Breckenridge, Colorado. Construction started a little over a year ago. The subject property just sold in January and the loan was released. This purchase bridge loan was funded in January 2019.
Funded By
TABS, LLC
Westminster, CO | Family Owned and Operated Hard Money Lender for Colorado