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September 30, 2026
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PM me. Just looked at a condo construction financing deal there - in addition to several other places.
Assuming the deal is $40MM+
Senior loan will be L+350, 3+1+1
Mezz to 65% at L+10-12%.
Great Thanks. What kind of fees are we looking at? Trying the price the deal right now. Experienced developer, but long term rental apartments only. First time condo project. whole new dynamics.
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