Direct Money Market Closes $1.7mm Multifamily Deal in Ogden, Utah

19 Nov Direct Money Market Closes $1.7mm Multifamily Deal in Ogden, Utah

Loan Amount: $1,700,000
LTV: 75%
Location: Ogden, UT
Loan Type: Bridge–Multifamily

Direct Money Market is proud to announce the recent closing of a $1,794,000 senior mortgage for an 18-unit multifamily building in Ogden, UT. Direct Money Market was able to secure a rate of 7.99%. The client is renovating and improving the apartment complex.

Direct Money Market secures $2m-$100m+ private mortgages for apartment buildings, hotels, industrial parks, warehouses, medical offices, and more. Contact us today at loans@directmoneymarket.com for a free consultation.