About This Project
- Building: Multi Family
- Acquisition: $250,000
- Construction: $35,000
- Value: $340,000
- Notes: This project was the borrower’s first entry into the Philadelphia market and since then has only done projects in Philadelphia. BD Capital provided the borrower 80%/100% to do a cosmetic renovation and then stabilize the property to refinance. We love this project due to NJ borrowers exploring new markets and there was nothing better than the location!