Gulf Coast · Tampa Bay Corridor · Asset Radarnode size ≈ As-Is value
I
Pool Snapshot
Two first-lien, business-purpose bridge loans · common sponsor
Combined UPB
$638,540
$421,400 + $217,140
Combined Total Due
$641,864
principal + charges, as of 06/30/26
Note / Default Rate
11.99% / 16.99%
identical terms, both assets
Blended UPB / AIV
75.6%
73.0% against ARV
Both 1st lien, non-owner-occupied SFR · maturity default — loan term expired, interest paid current to 06/10/2026 · renovation 91% / 99% complete · third-party desktop valuations dated 03/19/2026. Click any address below to open its data room.
II
Geospatial Intelligence
Two assets, two liquid Florida markets · plotted by valuation band
Asset A · SW Florida
Punta Gorda / Charlotte County
ZIP 33950 — Punta Gorda / Punta Gorda Isles. Waterfront and canal-access SFR values in 2026 run low-to-high $500K, consistent with the $545K assigned AIV. Large for-sale inventory expansion; ~80–120 day marketing times.
Asset B · Tampa MSA
North Tampa / Hillsborough County
ZIP 33612 — University / Forest Hills. Below the Tampa metro median ($390K–$460K, 2026), supporting affordability-driven resale demand and a deeper exit at this price point.
Diligence Flag · Both
Coastal-plain insurance
Florida flood-zone and windstorm coverage and cost to be verified on both assets. Valuations are third-party desktop estimates (03/19/2026) — interior inspection or full appraisal recommended before bid.
Asset A · Punta Gorda
--:----
—
Asset B · Tampa
--:----
—
III
The Assets
Click an address to open its data room
Data Room · Loan ID BS0000282
| Property type / occupancy | SFR 1-unit / Non-owner |
| Lien position | First (1st) |
| As-Is Value (AIV) | $545,000 |
| After-Repair Value (ARV) | $575,000 |
| Valuation type / date | Desktop — 03/19/2026 |
| UPB / As-Is Value | 77.3% |
| UPB / After-Repair Value | 73.3% |
| Total Due / As-Is Value | 77.8% |
| Loan type | Fix & Flip (bridge) |
| Origination date | 06/09/2025 |
| First payment date | 07/10/2025 |
| Original / current maturity | 12/05/2025 |
| Note rate | 11.990% |
| Default rate | 16.990% |
| Current accrual rate | 11.990% |
| Monthly payment (I/O) | $4,350.84 |
| Original balance | $432,400 |
| Current UPB | $421,400 |
| Unpaid (accrued) interest | $0.00 |
| Unpaid charges | $2,361.35 |
| Total amount due | $423,761.35 |
| Interest paid-to date | 06/10/2026 |
| Next contractual due date | 07/10/2026 |
| Status | Matured (~7 mo past) |
| Total renovation budget | $125,000 |
| Remaining holdback | $11,000 |
| Percent complete | 91% |
| Extensions granted | 0 |
| Seasoning | ~13 months |
| Sponsor acquisition cost | $345,000 |
| All-in project basis | ~$470,000 |
Sponsor & market. Borrower/sponsor Jonathan Gordillo; all-in basis ~$470K sits beneath the first lien against $575K ARV. Punta Gorda / Punta Gorda Isles (33950) — waterfront/canal-access SFR values run low-to-high $500K in 2026 portal data. Flood-zone and windstorm insurance status to be confirmed in diligence.
Data Room · Loan ID PB0000087
| Property type / occupancy | SFR 1-unit / Non-owner |
| Lien position | First (1st) |
| As-Is Value (AIV) | $300,000 |
| After-Repair Value (ARV) | $300,000 |
| Valuation type / date | Desktop — 03/19/2026 |
| UPB / As-Is Value | 72.4% |
| UPB / After-Repair Value | 72.4% |
| Total Due / As-Is Value | 72.7% |
| Loan type | Fix & Flip (bridge) |
| Origination date | 12/06/2024 |
| First payment date | 01/10/2025 |
| Original / current maturity | 11/09/2025 |
| Note rate | 11.990% |
| Default rate | 16.990% |
| Current accrual rate | 11.990% |
| Monthly payment (I/O) | $2,241.91 |
| Original balance | $217,890 |
| Current UPB | $217,140 |
| Unpaid (accrued) interest | $0.00 |
| Unpaid charges | $962.75 |
| Total amount due | $218,102.75 |
| Interest paid-to date | 06/10/2026 |
| Next contractual due date | 07/10/2026 |
| Status | Matured (~8 mo past) |
| Total renovation budget | $89,100 |
| Remaining holdback | $750 |
| Percent complete | 99% |
| Extensions granted | 3 |
| Seasoning | ~19 months |
| Sponsor acquisition cost | $153,000 |
| All-in project basis | ~$242,000 |
Sponsor & market. Borrower/sponsor Jonathan Gordillo; all-in basis ~$242K against $300K value. Loan extended three times, reflecting an ongoing servicing relationship. North Tampa (33612, University / Forest Hills) runs below the metro median ($390K–$460K, 2026). Flood / windstorm insurance status to be confirmed in diligence.
IV
Sponsor Concentration
Both loans share a single sponsor. Relevant to aggregate exposure.
| Metric | Asset A — Punta Gorda | Asset B — Tampa |
|---|---|---|
| Sponsor | Jonathan Gordillo | Jonathan Gordillo |
| Acquisition cost | $345,000 | $153,000 |
| Renovation budget | $125,000 | $89,100 |
| All-in project basis | ~$470,000 | ~$242,000 |
| Basis vs. ARV / value | $470K vs. $575K | $242K vs. $300K |
V
Diligence & Data Room
Valuation
AIV/ARV figures are third-party desktop (BPO/AVM) estimates dated 03/19/2026. Interior inspection or full appraisal recommended prior to bid.
Title & Position
First-lien status, senior taxes, HOA, and code/permit status to be confirmed via current title and municipal search.
Insurance
Southwest / West Florida flood-zone and windstorm coverage and cost to be verified for both assets.
Sponsor Concentration
Both loans share a common sponsor (Jonathan Gordillo), who holds additional assets in the broader pool — relevant to aggregate exposure.
Full Data Tape — Servicing Fileupon execution of confidentiality documentation
Promissory Note & Loan Agreement
Recorded 1st Mortgage / Deed of Trust
Servicing / Payment Ledger
Extension / Forbearance Agreements
Desktop Valuations (BPO/AVM)
Title Policy & Commitment
Renovation Budget & Holdback Detail
Insurance (Flood / Windstorm)
Municipal Lien / Code Search
Full tape released upon execution of confidentiality documentation
VI
Transaction Terms
Bid Format
LOI + Proof of Funds
indicative purchase price, qualified recipients only
Data Room Release
Upon NDA
full tape — ledger, title, insurance, extensions
Closing Vehicle
Note Purchase Agreement
assignment of note & recorded lien at closing
Indicative Bid · Qualified Recipients
Submit Your Bid
On submit, your email client opens a pre-addressed message with your indicative terms — review and send. No data is transmitted from this page.
Or contact the desk directly: coreylfuller@rcpcap.com
RCP Capital Market Intelligence · Lux et Ordo
RCP Capital Market Intelligence · Lux et Ordo