Real estate operator facing an aggressive hard money balloon note default on a renovated 4-unit property.
LOAN AMOUNT
$850,000
Existing hard money lender filed foreclosure notice, preventing conventional refinancing.
Adler Capital provided an expedited $850,000 bridge payoff note in 6 business days, stopping foreclosure.
The Outcome
Protected over $400,000 in accumulated borrower equity and stabilized the property for long-term hold.
Deal Highlights
LOAN AMOUNT
$850,000
PROPERTY VALUE
$1,250,000
LEVERAGE
68% LTV
TERM
12 Months
CLOSING TIME
6 Days
More Deals
See how Adler Capital has structured financing across property types, markets, and deal sizes.
A distressed 4/2 single-family residential property located in the rapidly appreciating Tampa Heights corridor.
Real estate wholesaler orchestrating a same-day back-to-back double closing on a prime commercial parcel.
A fully leased vintage triplex in trendy Seminole Heights with historic charm and stable tenancy.
