Bridge Financing

in

Los Angeles, CA

$80,000,000
Bridge loan in Los Angeles, CA
January 6, 2021
Overview

The $80 million bridge loan was used to refinance an 86,000 SF multi-family property containing 58 rental units located in the prime ‘Wilshire Corridor,’ offering an unparalleled combination of product and location, in Los Angeles, CA.

The transaction required an expedited close due to an impending maturity on existing debt, and the financing allowed the client to recoup equity that frees up liquidity for other projects.

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