Fletcher
@fletcherer
Working on a $70M ground-up condo development on the West Coast. Sponsor’s been sitting on the land for 2+ years and now wants to go vertical — but with ~80% LTC and aggressive pricing. Tough ask in this market. But here’s how we’re structuring it: Option 1: ~80% LTC, higher cost, tighter structure Option 2: ~75% LT... Show more
0 reply
0 recast
14 reactions
shiqian
@shiqian
Top-notch
0 reply
0 recast
0 reaction