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.
Single-story coastal home in Old Naples requiring high-end luxury kitchen, imported tile, and full outdoor living pavilion.
A 6-bedroom resort pool home near Disney operating as a high-occupancy Airbnb/VRBO.
A 3/2 suburban single-family home in Coconut Creek requiring kitchen remodel, new roof, and AC replacement.
