JV Equity

Grace Park
Acquisition Grace Park Inglewood, CA 19 acres of land

Principals of Schelin Uldricks & Co. arranged $5MM in joint venture equity along with a bridge loan to acquire and entitle a 19-acre site in Inglewood, CA. At the time of close there was a vacant hospital on the property. The developer’s plans for the site were to obtain approvals and build townhomes.