$14.7M CONSTRUCTION LOAN FOR APARTMENT DEVELOPMENT
(AFFORDABLE, ED-1)

Construction loan

Transaction Description:

$14,700,000 CONSTRUCTION LOAN FOR APARTMENT DEVELOPMENT (AFFORDABLE, ED-1)

Construction Loan (Ground Up)

60-Unit Infill Development (For Rent)

Los Angeles, California                      

80% LTC

Competitive Interest Rate

New Lender Relationship

Expedited Closing Timeline

Mandri has deep experience in arranging construction loans for apartment developments, both market rate projects and Affordable projects (ED-1). Mandri’s deep relationships with the most capable and competitive construction lenders nationwide provide certainty of execution on an expedited closing timeline.