- Loan Amount: $3,100,000.00
- Term: 24 months
This ground-up construction project in Berkeley is for a 5-unit condominium complex with a spec builder who has done several projects with us over the years. This borrower turned to us first on this complicated project not only because of the confidence in our ability to lend but also on our smooth construction disbursements over the course of completion. With our over 70 years in construction lending we have many happy customers that return to us for their next project.