- Loan Amount: $1,137,500.00
- Term: 18 months
Herzer Financial has a long history of construction lending and prides itself in staying abreast of market trends. Accessory Dwelling Units (ADUs) are now heavily incentivized by new California laws. This ground-up construction project features an ADU Addition. Once completed it will bring in significant long-term rental income to the owner. We have many other ADU projects in the pipeline and expect to see more of them in the future. We are familiar and comfortable with ADU’s both for developers and homeowners.