$9,910,000
Bridge Loan

Anaheim_Land_Entitlement_FIXED2 (1)
Acquisition
Anaheim Land Entitlement
Anaheim, CA
4 acres of land planned for 350 Apartments

Principals of Schelin Uldricks & Co. arranged a high leverage non-recourse bridge loan for a 4 acre site in Anaheim that was undergoing planning for 350 apartment units. The loan enabled the developer to take down the site with minimal equity outlay and continue towards full entitlement. The project had a fantastic location in between Disneyland and Angels Stadium of Anaheim.

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