The developer, a quality builder and financier separated and were facing liquidation.
After a discussion of various options with a Construction Broker and Project Analyst; ACMF Proposed and Packaged up a 3 mortgage solution.
Specialist 1st Mortgage Construction Lender providing the balance on Construction Funds on a conservative basis.
2nd Mortgage short term lender partnered with ACMF.
ACMF oversaw capital flows to ensure all 1st Mortgage payments went to contractors and project costs.
Project Completion allowed Developer and Builder to succeed with surplus.