Apartment Building Construction in Salt Lake City, UT
Salt Lake City UT
The subject loan is for the vertical construction of an apartment building in Salt Lake City, Utah. The loan amount is $17,351,206. The appraised as-completed value is $29,040,000 with a loan to... Read More
Six Single Family Homes in SW Florida
North Port and Cape Coral, Florida
The subject loan is for the construction of six single-family stand-alone homes. The loan amount is $895,000 and the appraised as-completed value is $1,392,000, with a loan to value ratio (LTV) of... Read More
The impact of the COVID-19 pandemic and the measures implemented to contain the spread of the virus have had, and are expected to continue to have, a material adverse impact on the real estate lending business and results of operations of Broadmark Realty and the Private REIT, including the ability of borrowers to complete real estate projects and make timely payments of principal and interest on loans
By filling out the form you agree to receive a monthly newsletter. You can unsubscribe at any time.