Refinance Bridge Loan for Residential Entitled Land in Beverly Hills, California

Funded by Parkview Financial

$5,000,000

Deal Details

Private Loan Type

Refinance

Approx. Funding Date

06/15/2016

Property Type
Residential Land
Property City

Beverly Hills

Property State

CA

Lien Type

1st Mortgage

Payment Type

Interest Only

Deal Summary

Parkview Financial, a private mortgage fund, provided a $5,000,000 1st lien position refinance bridge loan secured by entitled land that will soon be developed into a luxury home. This refinance bridge loan was funded in June 2016.

Funded By

Parkview Financial

Specializing in Ground-Up Construction Financing for Commercial Real Estate