The loan was secured for a package deal consisting of multiple assets located at 2501 Jammes Road, 5641 California Ave, 511 Porpoise Point Dr, and 377 Holden Rd. These properties are situated in Jacksonville, Beaver Creek, and Saint Augustine. The total square footage of the package deal is 150,000 SF.

Summary of transaction details

• Property Type: Package Deal
• Transaction Amount: $3,000,000
• Address: 2501 Jammes Road, 5641 California Ave, 511 Porpoise Point Dr & 377 Holden Rd
• Market: Jacksonville, Beaver Creek & Saint Augustine
• Lender: Hard Money Lenders - Yuval Elkeslasi

The loan amount obtained for this package deal is $3,000,000, and it is classified as a bridge loan. The borrower required a second position mortgage on multiple assets across different states to secure funding for a construction project on the beach. To meet this demand, the team at Hard Money Lenders, led by Yuval Elkeslasi, worked diligently and efficiently. Borrowers looking for second position loans on investment assets can rely on Hard Money Lenders, a boutique private money lender based in Aventura, Florida.

If you have any questions or inquiries about the loan or the services provided by Hard Money Lenders, please feel free to contact Yuval Elkeslasi directly at 786-475-7691. Thank you.