Long Beach, CA
Mid construction Refinance. The borrower had a bridge loan on the property and needed additional funds to finish the project. They were about 60% complete with construction and we were able to refi their current loan and provide them the remaining construction dollars needed to complete the project.
36 residential units over 4 retail units in Long Beach. This was/is a for sale project.
A foreign investor/developer that had used EB5 equity to start the construction. Had three projects ongoing in California and two in Hawaii.