StackSource arranged a $3,000,000 land loan refinance for land in San Mateo, CA that is in the final stages of approval prior to going vertical. Sponsor is an experienced real estate developer who entitles, designs, and develops both multifamily and condo projects in the San Francisco Bay Area primarily on the Peninsula and in San Francisco.

StackSource Capital Advisor Robert Newstead arranged the recourse financing through a bank on behalf of the client.