Santa Clara Condos

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PROJECT INFO

Condo inventory loan for 9 newly-built, unsold condos out of 44 total

FINANCE AMOUNT

$7,700,000

DESCRIPTION

Closed 2 weeks from submission of initial package. 8.5% rate, 1% fee for six month term, four 90-day extensions on outstanding balance for 1/2% each, 3-month minimum interest
Santa Clara, CA
Value Add Financing
Condo
July' 2019