64-unit Motel Conversion to 33 Condominium Units
Hampton Bays, Long Island
$2,650,000 First Mortgage Pre-development Bridge Loan
W Financial successfully funded a $2,650,000 first mortgage pre-development bridge loan for the conversion of a 64-unit motel to 30 luxury condominium units. Our loan will fund a lease buyout and various pre-development expenses.
W Financial successfully funded a $2,650,000 first mortgage pre-development bridge loan for the conversion of a 64-unit motel to 30 luxury condominium units. Our loan will fund a lease buyout and various pre-development expenses. 
