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
• Transaction closed in under 8 days