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Developer Line of Credit – Connecticut, Rhode Island and New York

Nolan Sheehan Patten represented a lender in connection with a $2 million line of credit to a developer to support its pipeline of affordable housing projects. The developer will use the line of credit to finance pre-development costs and bridge permanent financing. The line of credit was secured by a pledge of developer fees.

Developer Line of Credit – Connecticut, Rhode Island and New York

Practice Areas: Private Financing

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