Brett Forman And Forman Capital Provide $12.67 Million Refinance Loan To Sagee Property Investments

The asset involved in this transaction is a single-family home located at 581 Sagee Woods Drive, Highlands, NC. The property is a Tudor-style mountain estate that has been recently renovated, boasting a size of 14,500 square feet. The estate is situated on a 40-acre lot and has nine adjacent acres as well. It is currently listed for sale at a market value of $32 million.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $12,670,000
• Loan Type: Refinance
• Lender: Brett Forman, Scott Mehlman, Ty Regnier, Mike Rediker & Ben Jacobson - Forman Capital
• Landlord: Sagee Property Investments, LLC

This refinancing loan was customized and delivered on an accelerated timeline by Forman Capital for the unique asset, which supports the financing while the luxury property remains on the market. The team at Forman Capital played a crucial role in this transaction, showcasing their capability to provide significant financial backing for notable real estate assets.