PROJECT INFO

Construction loan for the ground-up development of 52 class-A luxury apartments in Hollywood

Finance Amount: $5,100,000

DESCRIPTION

62% LTC, 55% LTV, 8% DY, 1.25x DSCR, 24 mo term +12, 30 yr amt.
Location: Hollywood, CA
Deal Type: Construction Financing
Property Type: Multifamily
Year: Oct' 2018