Bradenton, Florida – Investment
Address: Perry, FL 32348
ARV: $2,143000 (As-is)
Loan Amount: $600,000.00
Loan Structure: 12 Months Interest Only
Interest Rate: 12%
LTV 28%
Loan Purpose: Cash-out Refinance
Funded April 15, 2025
HML Solutions recently funded a tailored bridge loan secured by a 113 acre property acquired through bankruptcy court, providing the borrower with capital to improve the site and support a newly awarded military contract. The financing allowed the borrower to move quickly on critical infrastructure upgrades while preserving liquidity for ongoing operations and future growth.
The collateral consists of approximately 113 acres of land improved with multiple existing buildings, creating a unique asset with substantial redevelopment and operational potential. The borrower acquired the property on December 12, 2024, for approximately $1,150,000 through a bankruptcy sale, significantly below its appraised value of approximately $2,143,000, creating a strong equity position from day one.
Following the acquisition, the borrower secured a military contract that required immediate property improvements to support operations and ensure the site was fully functional. Planned upgrades included perimeter fencing, concrete pads for new structures, and the installation of a generator to enhance reliability and operational efficiency.
Through HML Solutions’ asset based lending approach, the borrower was able to access capital quickly and efficiently to execute the required improvements and position the property for long term success. The transaction highlights HML Solutions’ ability to provide flexible financing solutions for unique commercial and industrial opportunities where speed, execution, and asset value are critical.
