Hard Money Lenders Funds $3.3M Bridge Loan For Boca Raton Single Family Property

The property involved in this transaction is a single-family home located at 17600 Fieldbrook Circle East in Boca Raton. The property has a total square footage of 9,500 and is situated in the market of Boca Raton. The transaction took place on 12/15/2023.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $3,300,000
• Loan Type: Bridge
• Loan Terms: 2 Years with 6 Month PP

The lender involved in this transaction is Hard Money Lenders, a boutique private money lender based in Aventura, Florida. They funded 100% of the purchase price, providing a loan amount of $3,300,000. The landlord in this transaction is 17600 Fieldbrook Circle E, LLC.

The broker representing the deal is Yuval Elkeslasi of Hard Money Lenders. The borrower needed to close the deal within one week on a home with over $1 million in equity from day one. It is worth noting that Hard Money Lenders IO is actively funding deals and employing creative strategies to ensure successful transactions.