SDC Capital Funds $3.7M for Purchase of 28 Unit Multifamily Property | 75% LTV

Deal Highlights

Loan Amount: $3,712,500
Loan Type: Purchase loan for a 28-unit multifamily property
LTV: 75%
Loan Term: 18 months
Lien Type: 1st lien
Property Type: Multifamily (28 units)
Location: Maywood, CA

About This Deal

SDC Capital funded a $3,712,500 purchase loan for a 28-unit multifamily property located in Maywood, California, structured at 75% loan-to-value with an 18-month term and secured by a first-position lien.

The property was largely occupied at closing, with only two vacant units, and was in average condition. The borrower plans to execute a renovation program aimed at increasing the property’s value, with an estimated after-repair value of $6.2 million.

Upon completion, the borrower intends to refinance into a conventional loan.

This transaction was completed for a repeat borrower with a long-standing relationship with SDC CAPITAL and a proven history of successful projects. The deal reflects SDC CAPITAL’s ability to support experienced operators with flexible acquisition financing and a clear path to stabilization.