hard money Real Estate Prison and Medical facility 75mill
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  1. #1
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    hard money Real Estate Prison and Medical facility 75mill

    have deal client owns outright a private prison facility worth 40million. and also owns a medical facility worth 35million. They want to remodel the medical facility looking to pull 10million from equity. willing to put both properties up as collateral. Any lenders do these types of properties given they are very niche?

  2. #2
    Senior Member Reputation points: 340558
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    Quote Originally Posted by Sachip24 View Post
    have deal client owns outright a private prison facility worth 40million. and also owns a medical facility worth 35million. They want to remodel the medical facility looking to pull 10million from equity. willing to put both properties up as collateral. Any lenders do these types of properties given they are very niche?
    Sent you a PM- He's based down here.....
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
    Senior Member Reputation points: 340558
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    Quote Originally Posted by Sachip24 View Post
    have deal client owns outright a private prison facility worth 40million. and also owns a medical facility worth 35million. They want to remodel the medical facility looking to pull 10million from equity. willing to put both properties up as collateral. Any lenders do these types of properties given they are very niche?
    If I can think of any I will let you know.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  4. #4
    Can't wait for the comps on a prison.
    Criton Capital, LLC
    12508 W. Atlantic Blvd
    Coral Springs, FL 33017
    Tel: 786-210-5557
    Fax: 786-228-0884
    loans@critoncapital.com
    www.critoncapital.com

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