W Financial - Second Mortgage Loan for Restaurant/Bar/Marina in the Hamptons - $1,200,000

	Recent Transactions	W Financial > Recent Transactions >$1,200,000 Second Mortgage Loan

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$1,200,000 Second Mortgage Loan for Waterfront Restaurant/Marina
Term: 5 Years

First mortgage pre-development bridge loan. Hampton Bays, LI A successful seasonally-operated waterfront restaurant/bar with a private marina in the Hamptons made a $1,200,000 second mortgage loan through W Financial, with the value of the land equal to twice the total debt. The loan was also personally guaranteed by three borrowers.

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Recent Transactions

$1,200,000 Second Mortgage Loan for Waterfront Restaurant/Marina Term: 5 Years

$1,200,000 Second Mortgage Loan for Waterfront Restaurant/Marina
Term: 5 Years