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Home News Releases Sonoma County Apartment Project Secures $7.5MM Refinancing in Land/Entitlement Loan
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Sonoma County Apartment Project Secures $7.5MM Refinancing in Land/Entitlement Loan

February 23, 20241 Mins read749
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11.5 Ac Land Site to be entitled for a 300-Unit Apartment Project in Sonoma Co, CA HRC arranged a Non-Recourse $7.5 million land loan to fund the pay-off of the existing maturing debt, provide $1.0 million of entitlement costs, an Interest Reserve for the term of the loan, plus all closing costs & fees. The […]

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