We Lend Closes $1.215M Bridge Loan For Multifamily Project In Houston, TX

A multi-family value-add project in Houston, Texas has successfully closed and secured funding with a loan amount of $1,215,000 provided by We Lend. The loan, structured as a Bridge loan, was facilitated by We Lend after a conventional lender backed out due to a wholesale fee, showcasing their understanding of the wholesale pricing dynamics.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,215,000
• Lender: We Lend
• Loan Type: Bridge
• Note: If you have any multi-family scenarios or financing needs, please reach out directly to Solomon Suleymanov at 212.257.3888 or via email at [email protected]

Ruben Izgelov and Solomon Suleymanov of We Lend were instrumental in finalizing the financing for this multi-family value-add project, stepping in after the conventional lender withdrew. For any multi-family scenarios or financing needs, Solomon Suleymanov can be contacted directly for assistance.