UTB Baine Building

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PROJECT INFO

Bank bridge loan for 28k SF office/retail building in Hollywood V12

FINANCE AMOUNT

$7,050,000

DESCRIPTION

65% LTV Floating Prime+0.50%, 24mo term, Full IO, no prepay, 1.25:1 Proforma DCR, sub-1.0 at closing U12
Los Angeles, CA
Value Add Financing
Mixed Use
2023