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OFFICES
Loan Purpose
Facility Amount
$2.224MM
LVR
77.5%
Term
Security
LTC
Pre-sales
Exit Strategy
The Deal
The Borrower approached Balmain looking to release equity for further development projects.
The Loan was secured by a registered second mortgage over 21 townhouses and 1 vacant lot.
Funding was provided through a Balmain funding vehicle.
Jarrod Logan
Partner
