6,200,000

Bridge Loan

Baton Rouge, Louisiana

W Financial provided a $6,200,000 first mortgage bridge loan secured by four multi-family properties located in close proximity to LSU in Baton Rouge, Louisiana. The four apartment complexes total 100 apartment units, which are mostly occupied and are comprised of studio, one-, two- and three-bedroom units. The borrower needed to close expeditiously and required a fast and flexible bridge loan.