Maple Plain, Minnesota – Industrial

The strategic goal of the borrower was to use the proceeds from the Prescient Capital loan to quickly refinance the existing lien on the property. After closing, the borrower completed the sale of the property and utilized the proceeds to repay the Prescient Capital loan. The loan was secured by a parcel of land in Antigua valued at $30,000,000 and a personal guarantee from the borrower who has a net worth of $34,866,999.

$1,100,000

79%