DEAL HIGHLIGHTS
Loan Amount: $$1,494,000
Inclusion: $450,000 construction holdback
LTV: 75%
Loan Type: Purchase and Renovation Loan
Property Type: Multifamily Property
Location: Los Angeles, CA
ABOUT THIS DEAL
SDC Capital, California’s premier bridge lender, has proudly funded another deal for a long-time client. This repeat borrower secured $1,494,000, which includes a $450,000 construction holdback, to purchase and renovate a multifamily property in Los Angeles. This is this borrower's sixth deal with us!
The financing covered 75% of the purchase price and provided additional funds for the construction of Accessory Dwelling Units (ADUs), all structured on a 12-month term.
With SDC Capital’s flexible and responsive financing solutions, experienced investors like this client can continue to expand their portfolios and maximize property value through strategic improvements.