Land

Loan Highlights

  • Location: Los Angeles, CA
  • Product Type: Land
  • Loan Amount: $10,500,000

Description

Land

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 proving Revere with an equity participation
  • Closed in one week to facilitate the borrower’s off market buying opportunity