Dekel Capital Funds Latest California Construction Project

February 1, 2019 Steve Monroe Developments, Financings Dekel Capital Leave a comment

Who says construction is slowing down? It may very well be, but we keep seeing an active market for construction loans. Dekel Capital arranged one of those totaling $38.7 million for a to-be-built assisted living/memory care community in Glendale, California. East West Bank originated the four-year loan, which came with 36 months of interest-only payments, […]

Dekel Capital Refinances New Development

August 24, 2018 Steve Monroe Developments, Financings Dekel Capital, Mountain Capital Partners, Willis Development Leave a comment

As a newly developed assisted living/memory care community in Fresno, California, continues its march towards stabilization, its owners refinanced the existing construction loan with the help of Dekel Capital. The Los Angeles-based real estate merchant bank placed a $14.1 million bridge loan, with a 25-month interest-only term, at approximately 65% loan-to-value to provide funding through […]