In June 2015, Emerald Creek Capital provided a $1,850,000 loan in the Siesta Key neighborhood of Sarasota, FL. The loan was secured by a 5,759 SF single-family residence built on a 20,000 SF lot. The 5 bed 6.5 bath, luxury Mediterranean-style home features numerous amenities including a private elevator, 1,800 square feet of outdoor living area, a heated pool and spa, and expansive views of Roberts Bay. With the existing loan near maturity and construction almost complete, the Borrower relied on Emerald Creek Capital’s certainty of execution to step in and replace the expiring loan.
For more information, please contact:
Matt Fantuzzi, Vice President