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.