Layton Park Construction
New Development, Mixed-Use
Layton
,
UT
Amount: $
6000000
StackSource arranged construction financing for the development of a mixed-use property (Multifamily and Office) located in Layton, Utah. The Multifamily component consists of 27-units, 17 of which will be newly built townhome style units, and the Office component comprises 6600 sqft. Director Paul Winterowd was able to secure the $6 million loan with a local bank that included a 24 month Term, 65% LTC, Prime + 1% Rate, and no interest reserve.
Deal Team
No items found.