BLUE WAVE MIXED-USE
San Diego, CA
$1,590,000
Hotel & Multifamily Land
Refinance & Cash-out Financing

LFB successfully arranged the financing for the refinance and cash out on an unimproved parcel of land adjacent to the Pacific Ocean in Imperial Beach, a beach community within southern San Diego County. The financing arranged allowed the client to pay off their underlying land loan of $1,100,000, plus unpaid property taxes to date. The remaining balance was held in a draw account to be used towards entitlement related soft costs to complete the project, which is contemplated to be a mixed-use concept between multifamily and hotel units.

More Transactions

Hilltop Phase 2
$19,222,130
Single-family Residential Project
Refinance and Vertical Financing
San Diego, CA
CalTier SD
$600,000
Short-Term Condo
Short-term Rental Refinance
San Diego, CA
Twin Rivers
$10,941,195
Single-family Residential Project
Development and Construction Financing
Covington, GA
LFB_Icon_Bird_Color

stay in touch

Today's Rates


This will close in 0 seconds