Construction loan in Coeur d’Alene, Idaho

construction loan in Coeur d'Alene, ID

Project Description

Broadmark Realty Capital provided a loan for the construction of 244 storage units, including some that will be climate-controlled. The loan carried a 60% loan-to-value (LTV) ratio and an 82.9% loan-to-cost (LTC) ratio.

Loan Details

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Coeur d'Alene, ID

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March 2021

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$3,965,000

Contact Information

Mike Incrocci, Western Region

Bryan Graf, Western Region

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