Commercial Loan Request for Real Estate Investment and Development in Branson, MO

This listing represents a commercial loan request for a real estate transaction in Branson, Missouri. The opportunity involves the refinance of a mixed-use property that is currently 75% occupied. The sponsor has a significant personal investment of $1.65M in the building, which is free and clear. The borrower demonstrates strong financial standing with a middle FICO score of 720 and a net worth of $13.7M, offering a personal guarantee. A co-signatory with a net worth of $4M and a FICO score over 700 is also involved. The property is valued at $3M based on a 7 cap rate, with a replacement cost of $9M. The borrower is seeking a loan between $1M and $1.2M. These funds are intended for additional investment into the property, tenant improvements ($150K), an offshore resort ($300K), and a commercial project in Puerto Rico. The borrower is open to an SBA loan and a coupon rate as high as 8.5%.