Construction Financing – 96-Unit Apartment

constructionmultifamily

$11,400,000

Construction Financing – 96-Unit Apartment

Oregon, OR

Ground-up construction financing for a 96-unit mid-rise multifamily in a tertiary Oregon market. High-leverage non-bank financing with proceeds not fully funded at closing (no negative arbitrage).

Deal Terms

Loan Amount$11,400,000

Term24 Months

RatePrime + 549 bps

LTC83%

Fee1% in, 1% exit

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