Revere Capital funded a $10,500,000 loan secured by a first lien on a one-acre site within the affluent Bel Air neighborhood of Los Angeles.
- Repeat borrower of Revere who has extensive experience in the surrounding area
- Borrower was able to maximize leverage by providing additional collateral and providing Revere with an equity participation
- Closed in one week to facilitate the borrower’s off-market buying opportunity