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5.7MM – California – Land Development

Ventura, CA

Transaction Summary

$5,700,000

Area Ventura, CA
Property Type Unentitled land/development site
Loan Type Bridge Financing

The Deal

How We Structured It

The sponsor requested a $2mm cash out to finalize soft cost, permitting and entitlements. The site contains approx. 6 acres 1 block from Ventura Beach zoned for 98 Condo units w/ retail. In the last 10 months, LFCP has provided $56.2mm in funding for this Sponsor across 3 separate transactions.

Next Step

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Track Record

More Closed Transactions

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$1,300,000 Multifamily (17 Units)

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Main Office2 Park Avenue, 20th Floor, New York, NY 10016
Phone (212) 537-9410
Email lending@lfairecap.com

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Established 2012, we offer NATIONWIDE commercial real estate lending solutions.

The Team

Andre Samuels
Gary Botchman
Alvin Joseph
John Myers
Eric J. Allen
Matthew Moss
Kevin Delmarr
Chad Broder
Matthew Hochstrasser
Vince Monaco
Karen Mayo
Miriam Rodriguez