Northeast Queens, NY

AI Capital Lending funded a $1.44mm acquisition loan for the purpose to raise working capital. The collateral is (3) Two-Families and (1) SFR in Northeast Queens, NY. The loan was made at 60% LTV and closed in just 7 days from term sheet to funding! Leveraging our industry expertise, AI Capital Lending expertly tailored the loan terms to quickly deliver the capital our sponsor needed in an extremely liquid market.