PROJECT INFO
Bank line of credit collaterlized by a new Starbucks
FINANCE AMOUNT
$6,100,000
DESCRIPTION
Fixed Rate Revolving Line, IO, 3yr term. 65% LTV, 1.1x DCR using Yr3 income and stressed 25yr amort. 0.50% fee.
Los Angeles, CA
Value Add Financing
Retail
2023
