PROJECT INFO

Debt Fund bridge loan for acquisition of mixed-use property in Glendora, CA; 37% commercial.

FINANCE AMOUNT

$8,348,000

DESCRIPTION

Non-recourse; 3yr term + two 12-mo extension; full term IO; 75% As-Is LTV, 72.5% LTC; 5.75% DY at closing
Glendora, CA
Value Add Financing
Multifamily
2021