PROJECT INFO

Acquisition loan for a strip office/retail building and refinance of adjacent apartments

Finance Amount: $4,850,000

DESCRIPTION

Non-recourse; 70% stabilized LTV. Prime +3%. $0 NOI and no interest reserve required. 1.5% fee.
Location: Sunnyvale, CA
Deal Type: Value Add Financing
Property Type: Office, Retail
Year: Aug' 2019