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Bridge to Dev – Denver, CO (1st Loss)

Subordinated Note

<$100K Remaining

Bridge to Dev – Denver, CO (1st Loss)

Note Size: $60,250
Maturity Date: 8/31/24
2028-2030 Perry Street, Denver, CO
2-4 Unit

This property is awaiting permits to build a new, luxury duplex. The loan is a bridge on the current duplex which is being rented month-to-month until the permits are finalized in Q4 of 2023.

1,882 SqFt
4
2
Whole Note Yield: N/A
Partial Note Yield: 16.0%