Deal Details
Private Loan Type
Purchase
Approx. Funding Date
10/01/2025
Property Type
Property City
Kansas City
Property State
MO
Purchase Price
$335,000
Loan-to-Purchase Price
65%
Borrower's Contribution to Purchase
35%
Source of Borrower's Contribution
Cash
Location Type
Urban
Property Condition
Good
Occupancy at Closing
Partially Occupied
Borrower's Plan
Development
Exit Strategy
Refinance
Interest Rate
12.5%
Origination Points
3%
Deal Summary
Minnow Loan, a local Missouri direct private lender, funded a $217,750 bridge loan for the acquisition of an industrial property in Kansas City, MO. We funded 65% of the $335,000 purchase price, while the Borrower contributed 35% cash at closing. This loan was for a repeat Borrower who specializes in commercial investment properties. The property was unique because it included a billboard with strong income potential. The existing billboard lease was set to expire shortly after the purchase, and the Borrower was already negotiating a new lease at a higher rate. The building is located in a downtown urban area of Kansas City. The Borrower’s previous deal was also a commercial property, which successfully exited through a traditional refinance. We are confident the Borrower will secure another refinance with the same lender once this property is stabilized. The subject property was in good condition and partially occupied at closing. The interest rate was 12.5%, and we charged 3% origination points. This commercial property bridge loan was funded in October 2025.
Dealmakers
Shelby Reed
Co-Founder