top of page

$11,400,000 – Newly Constructed Apartment Building



​Loan Amount

​$7,200,000

​Transaction

​Acquisition

​Collateral

26,561 square foot office building on a 21,058 square foot lot

​Location

​Newport Beach, California

​Purpose of Loan

​Purchase of office building for healthcare company

​Exit Strategy

​Permanent financing

​Long Term

​12 Months

​Rate

​6.90% interest only

​Additional Terms

​No prepayment penalty. No yield maintenance. Non-recourse.


bottom of page