West Hollywood Apartment


Loan Amount $4,400,000
Transaction Acquisition
Collateral Apartment building
Location West Hollywood, California
Purpose of Loan To finance the acquisition in less than 24 hours
Exit Strategy Refinance after renovating and leasing the units
Loan Term 9 months
Interest Rate 6.90% interest only
Origination Fee 1.00 point
Additional Terms No prepayment penalty. No yield maintenance. Non-recourse.
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