LFB Ventures was reengaged by a client seeking financing within a 65 estate lot, 277-acre subdivision in the foothills of San Dimas, CA. This, the fourth round of financing, added 3 production homes ranging from 4,700 to 6,200 square feet with a number of options available making these homes semicustom in design. Strengthening the request is the fact that all 3 homes have been presold.
Earlier rounds of financing in October 2021, May 2022 and May 2023 capitalized both vertical starts and banked finished lots. Based on the sophistication of the client and rate of development, LFB Ventures has begun underwriting this client for a larger credit facility offering more competitive cost of capital and flexibility in loan term.
More Transactions
stay in touch
San Diego (Headquarters)
511 Encinitas Boulevard, Suite 100
Encinitas, California 92024
Los Angeles
270 Coral Circle, Suite 200
El Segundo, California 90245
Salt Lake City
350 East 400 South, Suite 410
Salt Lake City, Utah 84020
Nashville
214 Overlook Cir., Suite 200
Brentwood, Tennessee 37027
California Headquarters
2292 Faraday Ave., Suite 100
Carlsbad, CA 9200
Utah
1835 Three Kings Dr., Suite 75
Park City, UT 84060
Hawaii
1188 Bishop St., Suite 1812
Honolulu, HI 96813