Titan Capital Completes $3,800,000 Bridge Loan On Garden Apartment Complex, Tampa, FL

Titan Capital, Inc., a private direct lender specializing in short-term commercial bridge lending, has made a one-year, $3,800,000 first mortgage loan secured by the Ashley Oaks apartment complex in Tampa, Florida. The site includes 6.7 acres of land with 11 2-story buildings. Amenities include a swimming pool, club house and parking for 151 cars. The buildings are in fair to good condition and the 130 units are currently 99% occupied. The borrower has planned renovations in order to boost rents in line with newer complexes in the area.

Titan Capital, Inc. with offices in Connecticut and New York is a nationally recognized full service direct lender. Titan will lend on all asset types and qualities with loans ranging in size from $100,000 to $20,000,000. Titan guarantees speed and surety of execution combined with unsurpassed professionalism. With an experienced team of real estate market professionals, Titan offers the strength of an institutional lender with the flexibility and speed of a private lender.

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