PROJECT INFO
Bank refinance of newly leased-up apartment complex in East Hollywood
FINANCE AMOUNT
$3,990,000
DESCRIPTION
65% LTC, 60% LTV; 5yr term (12mos IO); 4.5yr swap, SOFR+2.25%; 1.25x proforma DCR; No deposits required.
Los Angeles, CA
Permanant Financing
Multifamily
2024