Equity Lending Solutions Funds $2.4M Construction Loan For Placida Development Site

Development Site located in Placida, FL was involved in a loan transaction facilitated by Equity Lending Solutions. The developer, Carlos Perales Sihuay, secured a $2,400,000 Construction Loan with a 2-year term and no prepayment penalty. Nelson (Nelly) Lopez from United Mortgage Corporation acted as the broker in this deal.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,400,000
• Market: Placida, FL
• Lender: Equity Lending Solutions
• Developer: Carlos Perales Sihuay
• Broker: Nelson (Nelly) Lopez - United Mortgage Corporation
• Loan Type: Construction Loan
• Loan Terms: 2yr term NO prepayment penalty

The collaboration in this real estate transaction involved key individuals such as developer Carlos Perales Sihuay and broker Nelson (Nelly) Lopez from United Mortgage Corporation. The lender, Equity Lending Solutions, provided the necessary funding for the development site in Placida, FL.