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Loan Request for Land loan in Sacramento, CA, 95829

Request #3721623 by Lender

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3/28/2025 2:25:51 PM
Sacramento, CA, 95829, USA Show Map
Land
$15,000,000
$2,200,000
$4,000,000
26.67 %
780 or more
Refinance all
Seeking a bridge loan for 12 months on raw land in Elk Grove, Sacramento County, CA, appraised at $15M "as-is" by Ferguson & Associates. The sponsor, a builder, has been processing infrastructure for 4 years prep for 336-unit condominium 2026 project. Due to the 1st lien bank’s inability to continue funding, a refi closing is needed by May 2025.

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