Comment on Hard money lender plans $55M in Florida loans

Hard money lender plans $55M in Florida loans

Hard money lender Lima One Capital opened a Miami office, with plans to make $55 million in loans in Florida through 2015. The Greenville, S.C.-based lender specializes in first mortgages to purchase and renovate homes. In generally closes deals within seven days and offers 13-month terms. Lima One Capital President John Warren said he plans to make $21 million loans in South Florida through 2015, with about half of those funds for home renovations. RELATED CONTENT: More than 3,000 condos planned…

 

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