Layton Park Construction

New Development, Mixed-Use
Amount: $

StackSource arranged construction financing for the development of a mixed-use property (Multifamily and Office) located in Layton, Utah. The Multifamily component consists of 27-units, 17 of which will be newly built townhome style units, and the Office component comprises 6600 sqft. Director Paul Winterowd was able to secure the $6 million loan with a local bank that included a 24 month Term, 65% LTC, Prime + 1% Rate, and no interest reserve.

Deal Team

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