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Home AEC $14.8MM Construction Loan Secured for 24-Unit Arcadia Condo Project at 85% LTC
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$14.8MM Construction Loan Secured for 24-Unit Arcadia Condo Project at 85% LTC

September 17, 20262 Mins read668
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A developer building 24 condominiums in one of the San Gabriel Valley's tightest for-sale housing markets has locked in construction debt at a leverage point and rate combination that lenders have rarely offered on ground-up projects this year. Northmarq's Los Angeles Debt + Equity team, led by Karl Weidell, arranged a $14.8 million construction loan […]

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