Semi-Custom builder with decades of history, has the best lots in Castle Rock, Colorado. Would like to replace lender on $2,168,000 A&D loan along with $1,000,000 construction line. 9 finished lots and 41 paper lots collateralize 65% LTV loan based on bank appraisal. 15 walk out lots on cliff facing open space and Pikes Peak could generate $1.5 in premiums alone. Market is improving and lender is getting scarred. Would like to find financial partner to back this and other projects.
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