LOAN SUMMARY | 36 E. NEW STREET, WINDER, GA 30680 36 E New Street, Winder, GA 30680
There is no update to the status of this property.
The borrower has advised that a new contractor is being consulted to potential be engaged to complete the works.
The Borrower has advised that a new GC has been appointed to complete the renovation works. Further updates to follow.
Foundation work is underway. The foundation repair contractor estimates the work will be complete in approximately 1 week.
The foundation work has been delayed due to an issue with a contractor; however, the Borrower is actively working to resolve the issue and will be ready to finish the remaining works once the foundation is complete.
Foundation work expected to begin the week of 4/25/2016.
Progress is ongoing and renovation works continue.
Demolition is nearly complete. The carport, carpet, kitchen counters, and sheetrock drop ceilings have been removed, the bathroom has been gutted, and the repairs on windows and walls have begun.
This loan was fully funded on 1/29/2016 by 72 investors.