My company, Small City Development, is part owner in a large development deal in Genesee County. We are building 100 Duplexes (Phase 1 - 50 units Phase 2- 50 Units). We have the construction/perm loan commitment and we are now looking to secure the Bridge loan which will allow us to close on the land and finish the permitting process along with a couple other predevelopment items. We are looking for a 1.85M short-term loan. We would need this loan for 12 months.
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