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CLOSING ANNOUNCEMENTS

 

$5,662,500 Ground Up Construction Loan

We are pleased to announce the closing of a $5,662,500 construction loan which will be used to build nine townhome-style for-sale residential units in the Pacific Northwest.  

Beachrock successfully closed the loan with a Bank lender who was able to deliver the loan with a high, 80% LTC advance rate, and a repayment guarantee provision that was limited to a corporate entity.  

BEACHROCK THANKS EVERYONE INVOLVED IN THIS TRANSACTION

Mark Sebba