Construction Loan – 60-Unit Build-to-Rent Townhomes

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$16,000,000

Construction Loan – 60-Unit Build-to-Rent Townhomes

Woodburn, OR

High-LTC construction loan for Young Street Townhomes, a 60-unit build-to-rent project. Sponsor's track record yielded best-in-class pricing. Recourse loan.

Deal Terms

Loan Amount$16,000,000

Term21 Mo + 3 Mo Extension

Rate7.75%

LTC90%

LTV75% at Completion

Fee2.25%

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