314 Ridgewood Road is a residential project completed in partnership with South Bay Group.
The lot area of this project is 7,500 square feet and the construction area is 3,525 square feet. The construction started March 1, 2008 and ended in June 1, 2009.
- Financed amount: US$850,000
- Term: 9 months
- Guarantee: 2nd mortgage
- Interest rate: 12%
South Bay Group is a development and construction company exclusively dedicated to building in Key Biscayne, with a portfolio of over USD 50 MM in built properties. South Bay Group and SCN have developed a working partnership and investment approach suitable to the demands of our investors.
If you are a real estate developer with a proven track record looking for alternative secured financing for your construction projects, please contact us.