By the Numbers
Project Highlights
- Location: 50 S Manor Ln S, East Hampton, NY 11937
- Property structure: To be confirmed
- Project status: To be confirmed
- Sales status: To be confirmed
- Borrower profile: Well-recommended client
- Loan purpose: To be confirmed
- Exit strategy: To be confirmed
- Property value or appraisal value: To be confirmed
- Closing date: To be confirmed
- Final deal status: To be confirmed
Deal Overview
The borrower needed a bridge loan secured by a residential property. The deal was backed by a 50% LTV position and structured with a 1-year term and monthly interest payments.
Based on the information provided, the loan purpose, exit strategy, closing date, and final deal status are still to be confirmed.
The Challenge
This deal required a short-term lending structure backed by residential collateral. The collateral position and client profile helped support the loan review.
The exact borrower challenge is to be confirmed based on the information provided.
Sky 18 Capital's Solution
Sky 18 Capital reviewed the opportunity as a 1-year bridge loan with monthly interest payments. The structure gave the borrower a practical short-term financing option while maintaining a conservative collateral position.
The client also came well-recommended, which added another positive factor to the review.
Investment Thesis
This deal shows several strong lending factors:
- $1,400,000 bridge loan opportunity
- Residential property collateral
- 50% LTV collateral position
- 1-year bridge loan structure
- Monthly interest payment schedule
- 10% investor interest rate
- Well-recommended client
- Loan purpose: To be confirmed
- Exit strategy: To be confirmed
- Final outcome: To be confirmed
The Result
The bridge loan structure gave the borrower a short-term financing option secured by residential collateral. The final outcome of the deal is to be confirmed based on the available information.
Note: This case study is shared for illustrative purposes. Each project is reviewed on its own merits and final terms always depend on the property, borrower profile, documentation, market conditions and underwriting review.