LFB Ventures was approached by a repeat client who needed development and construction financing to complete a 27-home single family BTR community in Kuna, ID. With the property already owned, and site work ready to commence, LFB was able to act quickly and complete the financing with no additional equity required by borrower.
The project consists of 27 single family homes that will be built, leased, and stabilized before being refinanced into long term debt. The community will offer one and two-story homes, with square footage ranging from 1,500 to 2,200 square feet and 3 and 4-bedroom floorplans.
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
This will close in 0 seconds