Non-Recourse Bridge

With mixed-use residential and commercial entitlements in place, Borrower was seeking a flexible, non-recourse bridge facility. Buchanan structured a highly customized facility with collateral substitution and prepayment flexibility provisions to allow for a sale of the subject property within a year of loan closing.

With mixed-use residential and commercial entitlements in place, Borrower was seeking a flexible, non-recourse bridge facility. Buchanan structured a highly customized facility with collateral substitution and prepayment flexibility provisions to allow for a sale of the subject property within a year of loan closing.