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Day: March 18, 2021

March 18th – Liquid Diet

By Adam DeermountIn Basis PointsPosted March 18, 2021

One Big Thing Interesting story in Globe Street early this week about ReadyCap providing $104MM in construction-to-bridge financing on a new 200 unit apartment building in San Francisco.  The project had apparently been behind on leasing thanks to COVID and therefore not able to obtain permanent financing when the construction...

Tags: Construction, Distress, Housing, Liquidity, Office, Refinance, WTF
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