PROJECT INFO

Construction loan and preferred equity for the ground-up development of 65 apartment units in Los Feliz, CA

Finance Amount: $18,100,000

DESCRIPTION

Construction Loan: 65% LTC, 1.25x DSCR 24 mo Term +6 mo.
Preferred Equity: 75% LTC, 65% LTV
Silverlake, CA
Construction Financing
Multifamily
June' 2018