$1.2MM LAND BRIDGE LOAN

We are pleased to announce the closing of a $1,228,000 Land Bridge Loan

Beachrock has successfully closed a $1,228,000 land bridge loan which has allowed our Client to meet the terms of a favorable purchase option. 
The property, which is located in Whittier, CA is entitled for a 17 moderately priced homes.  The financing will also allow our Client to continue to process final building permits, as well as additional time to finalize the construction loan and joint venture partner.
Beachrock located a lender that had the ability to recognize the value of the entitled property, and close in under two weeks.  

BEACHROCK THANKS EVERYONE INVOLVED IN THIS TRANSACTION!