Multifamily

Loan Highlights

  • Location: Glendale, CA
  • Product Type: Multifamily
  • Loan Amount: $3,700,000

Description

Multifamily

Revere Capital funded a $3,700,000 loan secured by a first lien on a 22,729 SF parcel in the strong Glendale, CA sub-market of Los Angeles.

  • Parcel has recently been up- zoned from office to multifamily
  • Property is currently being marketed for sale, with one offer received to-date
  • Loan provides additional time for soliciting additional offers and consummation of a sale.