Marquee Funding Group recently funded a $1,155,000 loan for the purchase of a commercial/industrial vacant lot. This transaction showcases Marquee’s ability to provide private money financing for property types that traditional banks often decline, particularly when it comes to raw land acquisitions with commercial or industrial potential.
The loan was structured with a 9.25% interest rate, a 55% loan-to-value ratio, and a 24-month term. With nearly half of the property value retained as equity, the deal presented strong security for investors while offering the borrower the capital necessary to seize a strategic land acquisition opportunity.
Vacant commercial and industrial lots are frequently overlooked by conventional lenders due to their lack of immediate income production and the perceived risk tied to future development. However, these properties often carry significant potential for long-term growth, redevelopment, or repositioning. Marquee specializes in identifying and funding these opportunities by offering creative, flexible financing solutions that allow borrowers to move forward quickly.
See how we can help with your next real estate investment opportunity. Our experienced team is ready to provide competitive rates and fast approvals.
