| Home : September 2011 : September 13, 2011 News : Balboa Financial Arranges $15,000,000 Revolving Line of Credit and $9,000,000 Construction Loan |
Balboa Financial Arranges $15,000,000 Revolving Line of Credit and $9,000,000 Construction Loan |
September 13, 2011
LOS ANGELES, Sept. 12, 2011 /PRNewswire-iReach/ -- Balboa Financial has arranged a $15,000,000 revolving line of credit secured by five properties in Los Angeles. The loan is constrained at 65% LTV and 1.30 DCR using the cash flow from the underlying office and retail properties. The line...
http://www.prnewswire.com/news-releases/balboa-financial-arranges-15000000-revolving-line-of-credit-and-9000000-construction-loan-129701263.html
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