Challenges:

Our Client required financing for two fully furnished Penthouse & Beach House units featuring private pools, a vast outdoor space, as well as a movie theater. The high loan ask coupled with a foreign sponsorship with limited domestic experience significantly narrowed the scope of capable lenders to interact with. Furthermore, Lotus had to navigate around complex challenges due to the binary risk of there being only two units, which had already been on the market for 2+ years, especially with the Beach House being an unproven concept in the market at the time.