Ground Up Construction Loan – 19 Townhomes

constructionmultifamily

$8,200,000

Ground Up Construction Loan – 19 Townhomes

Caldwell, ID

Construction financing for a 19-unit residential townhome project in the Boise submarket. Proceeds refinanced a bridge loan and funded vertical construction.

Deal Terms

Loan Amount$8,200,000

Term18 Months

Rate11.25%

LTV/LTC70/70%

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