$252,664,100 In Secured Assets | $140,055,660 In Funded Loans
Refinance
Loan Amount: $5,500,000.00
Purpose: The existing loan matured and the borrower needed a bridge financing to avoid default interest
Exit strategy: Refinance with a conventional lender and keep building for cash flow
Cash-out Refinance
Loan Amount: $5,500,000.00
Acquisition
Loan Amount: $4,030,000.00
Purpose: The borrower required funds to renovate and flip the property
Exit strategy: To renovate and sell for a profit
Cash-out Refinance
Loan Amount: $6,250,000.00
Purpose: This is an upscale residence used as an investment property. Note: Participation with a partner lender
Exit strategy: Sale of property
Purchase
Loan Amount: $17,000,000.00
Purpose: This property was bought and financed with us due to its vacancy. Tower Fund Capital acted as a liquidity provider of a facility credit line to a leading New York direct lender.
Exit strategy: Refinance with a streamline financial institution once the property is stabilized
Cash-out Refinance
Loan Amount: $6,000,000.00
Why: Bailout Foreclosure
Our Role: Direct Lender
Tower Fund Capital acted as a Direct Lender on a Cash-Out Refinance Loan in the amount of $6,000,000. The loan is secured by a Single Family Property Located in Deal, NJ. The borrower needed the funds to bail out on a foreclosure.
Cash-out Refinance
Loan Amount: $3,546,000.00
Purpose: The borrower required funds to reconcile high interest debt
Exit strategy: To refinance with a conventional lender once stabilized
Acquisition
Loan Amount: $3,380,000.00
Purpose: The borrower required funds to renovate and flip the property
Exit strategy: To renovate and sell for a profit
Cash-Out Refinance
Loan Amount: $2,580,000.00
Tower Fund Capital acted as a Direct Lender on a Cash-Out Refinance Loan in the amount of $2,580,00. The loan is secured by a Single Family Property Located in Delray Beach, FL. The borrower needed the funds to renovate and maximize return.
