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Intermediate Bridge Loan in Pasadena, TX

VCREF's loan provided the Sponsor with 77% of purchase price and 80% LTC which included $4.9M in capital expenditures to raise rents to market level.

  • Location: Pasadena, TX
  • Property Type: Multifamily
  • Loan Type: Acquisition
  • Loan Program: Intermediate Bridge Loan
  • Amount: $18,750,000

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