Capital Investments has successfully closed an $875,000 commercial loan for a mixed-use property in the vibrant Wynwood district of Miami. This three-story building features retail space on the ground floor and luxury apartments on the upper floors.
The borrower, an experienced real estate investor with several properties in South Florida, had been turned down by conventional banks due to the property's unique layout and the borrower's self-employed status. Our underwriting team recognized the property's potential and the borrower's strong track record, allowing us to provide competitive financing terms.
With this financing in place, the investor will complete essential upgrades to both the commercial and residential spaces, significantly increasing the property's rental income and overall value. At Capital Investments, we understand the potential of mixed-use properties in dynamic urban areas and are committed to helping investors capitalize on these opportunities.
Capital Investments LLC, mortgage lending is in our blood. In fact, we have decades of experience in this business, with members of our team having either owned or held senior positions in numerous mortgage companies, banks, title companies, and other real estate businesses. We've also been property investors ourselves, and understand the importance of receiving fast, knowledgeable service from a lender.
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