TITAN CAPITAL FUNDS $17M PURCHASE OF 19.5-ACRE LOT

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ATLANTIC CITY, N.J. — Titan Capital ID LCC, a Westport, Conn.-based private real estate lender, has funded a $17 million loan for the purchase of a 19.5-acre lot in Atlantic City. With 500 feet of frontage on the Boardwalk and 775 feet of frontage on Pacific Avenue, the borrower intends to develop the property as a golf range or an entertainment complex. The property’s acquisition also included a casino license.

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