$2,500,000 Construction Completion Loan

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$2,500,000 Construction Completion Loan

First Capital Trust Deeds closed a $2,500,000 construction completion loan in Portland on an apartment building project that was 70% complete, providing the developer with another 12 months and $500,000 to finish the project.

Private Money Construction Completion Loan Details

Loan Amount: $2,500,000
Rate: 8.25%
Loan-To-Value: 70%
Term: 12 Months

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