PROJECT INFO
Acquisition loan for 16-unit apartment building in West Hollywood
FINANCE AMOUNT
$4,661,000
DESCRIPTION
30 Day Closing Requirement! 65% LTC, 1.0:1 IO DCR at close, 1.20x DCR stabilized (rent-controlled), 18 mos IO, then 30 year amort, 0.50% fee
West Hollywood
Value Add Financing
Multifamily
2022
