Land for Residential Development

1st Mortgage Land Held for Development in Truro, NS.

Moskowitz Capital assisted the borrower in acquiring land from the Town of Truro to consolidate a site for future development of 70 residential units. Additional capital was also provided, allowing the borrower to obtain his equity contribution for a construction loan on a 6-unit townhouse building, financed by a conventional bank. This one loan unlocked two opportunities!