Deal Details
Private Loan Type
Refinance
Approx. Funding Date
08/09/2021
Property Type
Residential Land
Property City
Houston
Property State
TX
Loan Term (months)
12
Lien Type
1st Mortgage
Lot Acreage
77
Deal Summary
C2R Capital Management, a real estate financing firm in Houston, funded a $5,000,000 refinance loan for a residential lot development in Houston, Texas. Funds were used for refinancing and pre-development soft costs. The subject property was approximately 77 acres. The loan term was set at 12 months. This refinance loan was funded in August 2021.