LUXE 1801 Apartment Homes | Alhambra, CA
The 109-unit garden-style apartment community is near downtown LA and Old Town Pasadena. The cash-out financing provided funds to complete the remaining upgrades after a full renovation, including common area enhancements.
- Three-year non-recourse loan
- Cash-out refinance with several extension options
- Interest-only payments for the initial term
- No prepayment penalty
- Future funding for renovations
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