Bismarck, North Dakota – Mixed Use

The $9,200,000 loan provided by Prescient Capital was secured by the borrower’s interest in 51.92 acres, entitled to multiple commercial sites and one industrial site, with an estimated value of $21,752,000. In addition to the primary collateral, the borrower pledged $32,000,000 of cash-flowing commercial real estate and signed a personal guarantee with a net worth of $38,000,000.

$9,200,000

42%