Land Finance Group LLC

Residential Land, 189 acres - 596 units 

The Problem:                        

Builder needed to release "Trapped Equity," never an easy task, but especially today with a bias against homebuilders.   

The Story:                              

The major homebuilder requested to pull out "trapped" equity from land to meet cash shortfalls due to the slowdown of home sales.  The loan refinanced a first mortgage of $10MM, but also gave $8MM in cash.  The financing provided 2 times the cash invested in the property. Traditional banks would not return any equity to the borrower.     

  
LFG Solution:                      

Returning equity is major reason borrowers use Land Finance Group, LLC!