PROJECT INFO

89% LTC on 40% complete, mid-construction take out with $5M cash out to Sponsor, 18 mo term, non-recourse, no pre-sales

Finance Amount: $41,875,000

DESCRIPTION

88.5% LTC on Mid Construction take out with $5M cash out to Sponsor, 18 mo term
Location: San Jose, CA
Deal Type: Construction Financing
Property Type: Condo
Year: Oct' 2018