100% Loan-to-Cost Construction Loan

$4,410,000 100% LTC Construction

Location: Benton Harbor, MI
Loan Amount: $4,410,000
Term: 2 Years
Amortization: Interest Only
Execution: Debt Fund

District Capital arranged financing for the redevelopment of a vacant retail property in Benton Harbor. The owner secured leases with Jo-Ann Fabrics and Ollie's Bargain Outlet, which allowed Dcap to source a construction loan of 100% of the project costs.