Crescent Lenders Funds Purchase of $2.2 Million Condo

Crescent Lenders recently funded the purchase of a residential luxury townhome in Pasadena that was acquired for 2.2 Million Dollars. The term of the private money loan is for 60 months, but the buyer intends on refinancing the loan in 6 to 12 months time. The loan to value ratio was less than 40% and

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