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Loan Request for Commercial loan in Linda, CA, 95901

Request #3859829 by Lender

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10/4/2026 12:38:12 PM
Linda, CA, 95901, USA Show Map
VALLEY STREAM, NY, 11581, USA Show Map
Commercial
$10,780,000
$4,700,000
$5,750,000
53.34 %
750-759
Over $10,000,000
Refinance all
land loan 5,700,000
Value 2 yrs ago was 10.7mm its probably gone up
the property is fully entitled for 480 multi-family units , developer wants to change to 160 triplex townhomes with 480 units
1210 sq ft 3 BR 2 bath unit over 1210 sq ft 3 BR over 800 sq ft 1BR and 2 car garage
The mortgage banker who specializes in affordable and work force housing will presell all units to 100% of the average medium income (AMI) and to 80% of the AMI
Construction by modular company (Champion Homes) who will guarantee completion- developer doing similar deals and has equity partner who could partner here as well so no sales risk and almost no construction risk

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