PROJECT INFO

North Hollywood Multifamily construction loan.

Finance Amount: $9,500,000

DESCRIPTION

66% LTC, 60% LTV, 8% DY; 30mos + (1) 6mo ext; LIBOR+325bps, 0.75% fee; (5yr/30am mini-perm option for 0.50% fee)
Location: North Hollywood, CA
Deal Type: Construction Financing
Property Type: Multifamily
Year: Sept' 2017