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