$10.6M CONSTRUCTION LOAN FOR APARTMENT DEVELOPMENT (AFFORDABLE, ED-1)
Transaction Description:
$10,600,000 CONSTRUCTION LOAN FOR APARTMENT DEVELOPMENT (AFFORDABLE, ED-1)
Construction Loan (Ground Up)
51-Unit Infill Development (For Rent)
Los Angeles, California
65% LTC
Existing Lender Relationship
Recourse Burndown at Certificate of Occupancy
Mandri has a proven track record arranging construction financing for apartment developments, including market-rate and affordable housing projects (ED-1). Our relationships with top construction lenders nationwide deliver competitive terms and expedited closings.