Loan amount
$20,000,000
Loan type
Purchase {Construction}
After Repair Value
$35,000,000 {PP:$6,500,000}
ARV
57% {ARV}
Property type
Assisted Living Facility
Borrower Details
Credit score
740
Deal experience
1 deal
This loan scenario was submitted by a Broker
Yes
Property Details
City
Los Angeles
State
California
Loan Details
Purchase price
$6,500,000
Down payment
$6,500,000
Cost of improvements
$20,000,000
Estimated property value after repairs
$35,000,000
Additional Loan Information
Ground-up development of Koreatown Assisted Living, a 136-bed Residential Care Facility for the Elderly
(RCFE) in the Koreatown district of Los Angeles.
Status
Created
September 1, 2026 - 5:35pm

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