$5,000,000 Construction Loan

We are pleased to announce the closing of a $5,000,000 senior construction loan, which will accommodate the construction of 9 affordable townhome style homes in Huntington Park, CA

Beachrock was able to secure a "mission oriented" lender that understood the below market rate sales restrictions.  Sourcing a lender that had a deep understanding of the various programs and incentives used by the developer allowed the lender to advance 85% LTV against the future values, making the project viable.

BEACHROCK THANKS EVERYONE INVOLVED IN THIS TRANSACTION