BLC, a California developer of high-end luxury condominiums and rental condos with a verifiable track record of success is requesting $450M in funding for four projects under one umbrella, all located in Northern California’s upscale market locations. Two of the projects will be offered for sale, while the remaining two are targeted to high-end renters. Both the sale and lease projects are fully supported by a current feasibility study which shows their current target markets are underserved. BLC surrounds itself with a best-of-class network of EPC, and architectural firms to ensure the timely creation and completion of projects at targeted costs. Currently, presales and pre-rental activities are in place creating a rapid time-to-occupancy once the projects are move-in ready. All four projects are projected to have healthy profit-margins. The rental projects show great net-income levels while the sale properties have high net margins.
 
USDYear 1Year 2Year 3Year 4Year 5
Turnover

3,375,000

3,375,000

192,637.627

62,658,161

16,570,000

EBITDA

(236,804,245)

(171,142,255)

156,046,072

61,858,161

15,570,005

%

0

0

81%

98.7%

94%