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ATC Managers, LLC Closes $32,500,000 Bridge Loan

Apr 15, 2024

1 min read


ATC Managers, LLC Closes $32,500,000 Bridge Loan
ATC Managers, LLC Closes $32,500,000 Bridge Loan

The client's predicament of needing to settle a builder loan for two newly constructed speculative homes underscored the financial challenges they were facing. With a lack of historical cash flow to independently repay the debt, the client was in a precarious situation where the risk of losing both properties loomed large.


Recognizing the urgency of the situation, our team devised a comprehensive solution that not only addressed the immediate need for loan repayment but also provided a strategic way forward. By offering funding secured by both properties and the client's current residence, we effectively provided a lifeline that allowed for full financing of the debt. This innovative approach not only mitigated the risk of property loss but also granted the client the necessary breathing room to navigate the sale of the new speculative homes. Through our tailored financial assistance, we not only resolved the immediate challenge at hand but also set the stage for a more secure and stable financial future for the client.

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Disclaimers: ATC Managers, LLC makes loans solely for business purposes (and not for personal or consumer use) and is exempt from licensing in all states in which it operates. ATC Managers, LLC does not lend on owner-occupied properties. Listed rates, terms, and conditions are offered only to qualified borrowers, may vary by loan product, deal structure, property type, or other applicable considerations, and are subject to change at any time without notice. Furthermore, any Commitment Letter issued by ATC Managers, LLC shall, at ATC Managers, LLC’s discretion, be subject to revocation, modification and cancellation up and to the moment the transaction is completed. No information on this site is intended to, or shall, created a legally binding commitment or obligation on the part of ATC Managers, LLC, and all terms are expressly subject to ATC Managers, LLC‘s credit, legal, and investment approval process.

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