Guy Shmuel Of Swift Capital Provides $1.05M Acquisition And Construction Loan In Flushing
New York
See Similar DealsGuy Shmuel Of Swift Capital Provides $1.05M Acquisition And Construction Loan In Flushing
Summary
The asset involved in this transaction is a single-family residence (SFR) situated in the Flushing market, with a size of 1,419 square feet. The acquisition was financed with a loan amount of $1,050,000, aimed at both acquisition and construction purposes.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,050,000
- Lender: Guy Shmuel - Swift Capital
- Landlord: Xome: Online Auction
- Loan Type: Acquisition + Construction
- Date: 6/30/2025
This transaction showcases the capabilities of Swift Capital, with Guy Shmuel acting as the lender. The company successfully completed the funding in just 8 business days, demonstrating a strong commitment to executing complex deals efficiently under pressure. Swift Capital stepped in to provide necessary urgency, aiding both the borrower and wholesaler to avoid defaulting on their contract.
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