$4.8MM LAND BRIDGE IN DOWNTOWN LOS ANGELES

We are pleased to announce the recent closing of a $4.8MM Land Bridge Loan to accommodate the purchase and permitting of a 128 unit "micro apartment" project!

This transaction featured a premier location in the heart of downtown Los Angeles, with a property zoned "by right" to accommodate a proposed micro-unit apartment project.  The non-recourse loan will allow the principals to complete all remaining processing to break ground on the 12-story construction project.  

BEACHROCK THANKS EVERYONE INVOLVED IN THIS TRANSACTION!