Fremont 15
San Mateo, CA
$13,186,506
Luxury Condo Development
Construction Financing

LFB was approached by a client looking for construction financing to refinance an existing land loan, and build a Mediterranean-style luxury mid-rise condominium project in the community of San Mateo, CA. The subject property is a proposed 15-unit residential condominium development designed as a 4-story wood and steel frame over concrete podium building with a unit mix comprised of one, two and three bedroom units. The condo units range in size from 881 to 1,832 square feet and will be priced in the low $1 millions to low $2 millions.

The construction loan offered a stretch senior facility that required no further equity from our borrower, retired the existing land loan and provided all construction financing and interest reserve for the project build out.

More Transactions

Escena Master Plan
$9,450,000
Acquisition Financing
Palm Springs, CA
Tilden Townhomes
$7,061,082
5-unit Luxury Townhome Development
Refinance & Construction Financing
Culver City, CA
Cleveland Crossing
$7,085,643
Development and Construction Financing
Woodburn, OR
LFB_Icon_Bird_Color

stay in touch

Today's Rates


This will close in 0 seconds