$4,630,000 Luxury Condos Rancho Palos Verdes

 In RECENT TRANSACTIONS

rpv

Loan Amount $4,630,000
Transaction Refinance
Collateral 12 luxury condo units in a 28-unit building
Location Rancho Palos Verdes, California
Purpose of Loan Pay off maturing construction debt
Exit Strategy Sale of individual units
Loan Term 6 months
Interest Rate 7.90% interest only
Origination Fee 1.00 point
Additional Terms No prepayment penalty. Non-recourse.

 

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