Exodus Green Valley Ranch
LTC 100%, Full Recourse, Full-Term I/O
StackSource recently arranged a $4,000,000 acquisition loan for an undeveloped parcel of land in Denver, CO. What made this deal so unique is that StackSource Capital Advisors, Huber Bongolan and Jaideep Chadha, sourced a lender that was comfortable with financing 100% of the purchase price, which is a rare financing structure since land is considered one of the riskiest asset classes. This 100% LTC loan included an interest rate of 11% over a 9-month term. Read more about this deal in one of our latest blogs here.