10 Townhomes

1st Mortgage Construction Loan Townhomes in Fredericton, NB.

A local experienced home builder faced a lucrative opportunity to build ten spec town homes in Fredericton. This frequent bank borrower needed funds quickly to capitalize on the market situation. Moskowitz Capital provided funding for land acquisition and house construction, in a timely manner at a competitive rate. At Moskowitz Capital, we believe, when it comes to spec construction, the builder must race to the finish line. If the borrower needed to wait for presales to take this deal to a bank, a significant amount of the profit would be lost. Our borrower believed this too.