Refinance Loan for Residential Lot Development in Houston, TX

Funded by C2R Capital

$5,000,000

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.

Funded By

C2R Capital

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