Flexi View Lending closed a $33 million loan to support the acquisition and construction of a major project located in Duluth, Minnesota. The transaction was successfully originated by James McDonough, Executive Director, and closed in an expedited 20-day timeframe.
The loan features a 60-month term, structured with interest-only amortization at an 11.5% interest rate, and a conservative 65% loan-to-value (LTV) ratio. This financing underscores Flexi View Lending’s ability to deliver tailored capital solutions for complex acquisition and development opportunities.
“These closing highlights the strength and speed of our lending platform,” said Jesse Low, Chairman and Founder of Flexi View Lending. “We have originated over $300 million in the first three quarters of this year and remain committed to supporting transformative projects across the country with flexible and reliable financing.”