$3,700,000

Bridge loan

Warner Robbins, Georgia

W Financial provided a $3,700,000 bridge loan collateralized by a garden-style rental community located on Northside Drive in Warner Robbins, Georgia.  The borrower had acquisition financing lined up, but the lender backed out of the deal at the last minute.  W Financial was able to close the loan very quickly so the borrower did not lose his deposit and was able to successfully acquire the property. W Financial expects to be repaid with an agency (Fannie Mae or Freddie Mac) loan.