Looking for a non-recourse / hard-money loan

[Ben Toth]

I'm helping my developer clients secure a non-recourse loan, and hoping to find someone here! Here's the specifics as to what's needed, please:

• Looking for a non-recourse loan using land as collateral (address is in Windsor, Colorado, zip is 80550)
• Land is worth $3.5M (appraisal from this past August - appraisal available to send)
• Ideally aiming for 50% LTV (so $1.75M)
• Lender would go in first position; interest only.

Please email me at [email protected] but only if you are likely able to help with all of the above conditions. Thanks very much.