Balbach Apartments San Jose CBD

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PROJECT INFO

90% LTC, 70% LTV, 6.15% pro-forma DY. Mid-construction take-out with $6 million cash out, non-recourse

FINANCE AMOUNT

$40,625,000

DESCRIPTION

90% LTC, 70% LTV, 6.15% pro-forma DY. Mid-construction cash out
San Jose, CA
Construction Financing
Multifamily
June' 2018