Location: Los Angeles, CA

Loan Amount: $4,700,000

Term/Amortization: 12-Months

Pre-Payment Penalty: None

Loan to Cost: 100%

Loan to Value: 73% CLTV

Loan Type: Acquisition & Repositioning

Overview:
Arriba Capital closed a 100% loan-to-cost multifamily acquisition & construction bridge loan for a 12-unit apartment building in Los Angeles, CA. The sponsorship, an experienced value-add investor.