Park 49 recently completed the refinancing of a farm located in Southern New Jersey.
The property is located on 25 acres of land with incredible agriculture expansion opportunity.
Due to the Covid-19 lockdown, the borrower was unable to obtain traditional financing for his property. Park 49 was able to provide quick financing for the client through its private capital partner.
- A 24 month bridge, interest only, non recourse loan was provided.
Our goal is to provide our commercial real estate clients with alternative financing solutions to address their specific needs. If you have a financing inquiry, feel free to reach out to see how we might be able to assist.