Latest Transaction


Location

Los Angeles, CA

Property Type

Multifamily

Loan Type

Acquisition

Loan Program

Short-Term Bridge Loan

Amount

$21,200,000

Need:

The borrower needed a loan to acquire the multifamily development near University of Southern California as well as provide dollars for the renovation.

Solution:

VCREF provided the sponsor with a high leverage loan and flexible terms for the acquisition plus $5M of future funding for the renovation.

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