Red Oak Capital Holdings, LLC, a leading provider of private capital solutions for commercial real estate, has closed a $1.55-million bridge loan for the acquisition and lease-up of Treehouse Apartments.
Structured under Red Oak’s Opportunistic Bridge Loan Program, the non-recourse, interest-only loan features an initial term of 18 months with one six-month extension and a loan-to-stabilized-value (LTSV) of 79.49%.
