$5,000,000 Century City Multifamily

 In RECENT TRANSACTIONS

Loan Amount $5,000,000
Transaction Acquisition – Partner Buyout
Collateral 10,205 square foot newly constructed multifamily building on a 8,169 square foot lot
Location Los Angeles, California
Purpose of Loan Partner Buyout
Exit Strategy Sell units individually as town homes
Loan Term 9 months
Interest Rate 6.90% interest only
Origination Fee 0.75 point
Additional Terms No prepayment penalty. No yield maintenance. Non-recourse.
Recent Posts