PROJECT INFO
Credit union acquisition loan for 49k SF mixed-use office/warehouse campus located in the heart of Hollywood
FINANCE AMOUNT
$10,185,000
DESCRIPTION
70% of Purchase Price; 5yr term (3yr IO), mid-6% fixed 30yr amort; Prepay=3,2,1,0,0; 1% fee and 2.5% deposit relationship but no covenant.
Los Angeles
Value Add Financing
Retail
2024