$18.1M CONSTRUCTION LOAN FOR APARTMENT DEVELOPMENT (AFFORDABLE, ED-1)

Transaction Description:

$18,100,000 CONSTRUCTION LOAN FOR APARTMENT DEVELOPMENT (AFFORDABLE, ED-1)

Construction Loan (Ground Up)

89-Unit Infill Development (For Rent)

Los Angeles, California                      

65% LTC

Existing Lender Relationship

Recourse Burndown at Certificate of Occupancy

Mandri specializes in arranging construction financing for apartment developments, including market-rate and affordable housing projects (ED-1). With established relationships with the most competitive construction lenders nationwide, Mandri delivers certainty of execution and expedited loan closings.