PROJECT INFO

Bank bridge loan for purchase of vacant 33,650 SF industrial building in Culver City for spec conversion to creative office; closed in 30 days.

FINANCE AMOUNT

$15,160,000

DESCRIPTION

30 days app to close! 24 month term; Full IO, Prime+1.5%; 1.2x DCR; 0.5% fee, 60% LTC
Culver City, CA
Value Add Financing
Industrial
2021