$10.0MM FINANCING FACILITY

We are pleased to announce the closing of a $10,000,000 construction facility to facilitate the construction of for-sale residential housing.    

Beachrock has successfully closed a $10,000,000 loan facility to facilitate the construction of attached and detached for-sale housing in Southern California markets.  The lender immediately underwrote and funded a commitment for the construction of two single family homes, and began underwriting a second project for five proposed homes.  The facility allows the borrower to quickly fund new projects on favorable terms.  

BEACHROCK THANKS EVERYONE INVOLVED IN THIS TRANSACTION!