PROJECT INFO

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

FINANCE AMOUNT

$21,500,000

DESCRIPTION

Construction Loan: 62% LTC, 55% LTV, 8% DY, 1.25x DSCR, 24 mo term +12, 30 yr amt.
Mezzanine Financing: 81% LTC, 6.50%% DY, 24 mo term, 52 MF Units over Retail
Hollywood, CA
Construction Financing
Multifamily
Oct' 2018