Premiere At Thousand Oaks

Construction Loan & Mezzanine Debt

148-Unit Multi-Family

Thousand Oaks, CA

Highland secured a $17 million construction loan coupled with $1.3 million in mezzanine debt, comprising 90% of total project costs. The mezzanine was competitively priced at approximately LIBOR + 7% with no profit participation. This high leverage financing enabled the developer to maintain 100% ownership of the project.

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