Multifamily Construction Van Nuys, Los Angeles

 

Multifamily Construction

Van Nuys, Los Angeles

 

  • $4,980,000
  • 73% LTV
  • Funding Source: Local Bank
  • 19 unit multifamily construction
  • General Contractor changed after LOI execution, however we were able to keep the economic terms the same & increased proceeds by $400k in a positive rate environment