Residential Land Note Refinance and Development Soft Costs in Houston, TX

Funded by C2R Capital

$3,400,000

Deal Details

Private Loan Type

Refinance

Approx. Funding Date

01/04/2022

Property Type
Residential Land
Property City

Houston

Property State

TX

Loan Term (months)

12

Lien Type

1st Mortgage

Lot Acreage

77.5

Deal Summary

C2R Capital Management, a real estate financing firm in Houston, funded a $3,400,000 refinance loan in 1st lien position for a residential lot development loan in Houston, Texas. Funds used were for note payoff, construction hard costs, and soft costs. The subject property was approximately 77.5 acres. The loan term was set at 12 months. This refinance loan was funded in January 2022.

Funded By

C2R Capital

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