$17,250,000

Bridge Loan

New Orleans, Louisiana

W Financial has a closed a time-sensitive bridge loan for the acquisition of a package of four, garden style multifamily properties with a total of 475 apartments, located in New Orleans, Lafayette, New Iberia and Baton Rouge Louisiana. The borrower is a repeat client who needed to close expeditiously on the properties and then plans to refinance W’s loan with conventional financing.