ORLANDO-Michael Daspin of United Financial of America, Inc.,along with Steven Wood from Thomas D. Wood and Company of Miami,has closed a three-year bridge loan of $3,300,000. The loan allowedthe borrower/owner to complete the bank debt that amounts to$6,500,000 on two commercial projects in Orlando.
The two projects include a retail strip center and amulti-tenant office building. United Financial also completed apermanent loan of $3,000,000 used for refinancing a 97-unitapartment project in Beaufort, South Carolina. For the fullstory, go to Florida Real EstateJournal.
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