PROJECT INFO
Breakers Hotel Senior and Mezz Aquisition Financing
FINANCE AMOUNT
$17,500,000
DESCRIPTION
$17,500,000 Bank bridge loan at 73% LTV, 45% LTC, and $6 million mezzanine loan at 98% LTV, 62% LTC 50% recourse, vacant assisted-living building to be converted to hotel, Long Beach.
Value Add Financing
Hospitality
Nov' 2017
