$3,625,000

Bridge Loan

Louisville, Kentucky

$3,625,000 bridge loan collateralized by a 106- unit, garden-style, multifamily rental community located on Hunt Club Lane in Louisville, Kentucky. The borrower thought he had financing lined up, but the original lender failed to close the loan. W Financial evaluated the property and the market and was able to close the loan very quickly, enabling the borrower to close as scheduled on their acquisition. The borrower expects to repay the W Financial bridge loan when he refinances the property with long-term conventional financing.