Revere Capital funded a $3,560,000 loan secured by a first lien on a 29.1-acre land parcel located in Sarasota, FL.
- Proceeds were used to refinance the existing loan on the property as it approached maturity
- Property is situated near the major transportation hubs in the city
- Loan will grant the Borrower time needed to execute on his global business plan
- Investment closed in under 8 days