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2.1MM – Connecticut – Retail

West Haven, CT

Transaction Summary

$2,100,000

  • Area West Haven, CT
  • Property Type Retail - Mixed Use Shopping Center (4 Apts. over 10 Retail Units)
  • Loan Type Bridge

A long time LFCP client, due to COVID, the sponsor had purchased this property via a 1031 Exchange in addition to seller financing. Our firm was able to execute a bridge loan to cure the maturity default that had impacted them from the pandemic.

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