$1.6MM A&D LOAN FOR THE DEVELOPMENT OF 23 SFR LOTS IN BIG BEAR, CA
This transaction featured a premier location in the City of Big Bear that will ultimately afford homeowners with spectacular views, and convenient access to the community and the slopes! Our Client is a highly experienced developer with a proven track record.
We needed to find a lender that understood the underlying market demographics and the need for moderately priced housing in the area to facilitate the year round residents who need more than a ski cabin, but less than a luxury mansion.
BEACHROCK THANKS EVERYONE INVOLVED IN THIS TRANSACTION!