{"id":2059,"date":"2025-04-29T18:08:18","date_gmt":"2025-04-29T18:08:18","guid":{"rendered":"http:\/\/localhost\/wordpress\/?page_id=2059"},"modified":"2025-05-11T19:50:52","modified_gmt":"2025-05-11T19:50:52","slug":"multi-family-luxury-condominium-housing-projects-northern-california-blc-usd-459000000","status":"publish","type":"page","link":"https:\/\/winfreycapital.com\/index.php\/multi-family-luxury-condominium-housing-projects-northern-california-blc-usd-459000000\/","title":{"rendered":"Multi Family Luxury Condominium Housing Projects | Northern California &#8211; BLC USD 459,000,000"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"2059\" class=\"elementor elementor-2059\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ce2f68c e-flex e-con-boxed e-con e-parent\" data-id=\"ce2f68c\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-79bd64c e-con-full e-flex e-con e-child\" data-id=\"79bd64c\" data-element_type=\"container\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ac5c24e e-con-full e-flex e-con e-child\" data-id=\"ac5c24e\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-5cfbeca e-con-full e-flex e-con e-child\" data-id=\"5cfbeca\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-be4d2c9 elementor-widget elementor-widget-image\" data-id=\"be4d2c9\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"586\" height=\"364\" src=\"https:\/\/winfreycapital.com\/wp-content\/uploads\/2025\/04\/mj2ysyep.owy_.png\" class=\"attachment-full size-full wp-image-2060\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fce2d43 elementor-widget elementor-widget-text-editor\" data-id=\"fce2d43\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"media row p-2\"><div class=\"media-body print-6\"><h2>USD 459,000,000<\/h2><p class=\"mb-0\"><strong>Spent so far:<\/strong>\u00a0USD 49,700,000<\/p><p class=\"mb-0\"><strong>Can spend more:\u00a0<\/strong>Yes<\/p><p class=\"mb-0\"><strong>California<\/strong><\/p><p class=\"mb-0\"><strong>Assured repayment by:\u00a0<\/strong>Independent and credible feasibility study<\/p><h6 class=\"mb-0\"><strong>Submission Ready Indicators:<\/strong><\/h6><p class=\"mb-0\"><strong>LTV Expectation:<\/strong>\u00a090%<\/p><p class=\"mb-0\"><strong>Land\/Site:<\/strong>\u00a0Owned<\/p><p class=\"mb-0\"><strong>EPC Contracts:<\/strong>\u00a0Signed<\/p><p class=\"mb-0\"><strong>PPA\/OMA or other off-take agreements:<\/strong>\u00a0Signed<\/p><p class=\"mb-0\"><strong>Financial Projections:<\/strong> Completed and available<\/p><\/div><\/div><div class=\"col-12\"><div class=\"p-0\">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\u2019s 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.<\/div><div>\u00a0<\/div><\/div><div class=\"col-12 mt-3\"><table class=\"table table-sm table-bordered\"><thead class=\"thead-dark\"><tr class=\"\"><th scope=\"col\">USD<\/th><th scope=\"col\">Year 1<\/th><th scope=\"col\">Year 2<\/th><th scope=\"col\">Year 3<\/th><th scope=\"col\">Year 4<\/th><th scope=\"col\">Year 5<\/th><\/tr><\/thead><tbody><tr><td><strong>Turnover<\/strong><\/td><td><p class=\"p-0 m-0\">3,375,000<\/p><\/td><td><p class=\"p-0 m-0\">3,375,000<\/p><\/td><td><p class=\"p-0 m-0\">192,637.627<\/p><\/td><td><p class=\"p-0 m-0\">62,658,161<\/p><\/td><td><p class=\"p-0 m-0\">16,570,000<\/p><\/td><\/tr><tr class=\"\"><td><p><strong>EBITDA<\/strong><\/p><\/td><td><p class=\"p-0 m-0\">(236,804,245)<\/p><\/td><td><p class=\"p-0 m-0\">(171,142,255)<\/p><\/td><td><p class=\"p-0 m-0\">156,046,072<\/p><\/td><td><p class=\"p-0 m-0\">61,858,161<\/p><\/td><td><p class=\"p-0 m-0\">15,570,005<\/p><\/td><\/tr><tr class=\"\"><td><p><strong>%<\/strong><\/p><\/td><td><p class=\"p-0 m-0\">0<\/p><\/td><td><p class=\"p-0 m-0\">0<\/p><\/td><td><p class=\"p-0 m-0\">81%<\/p><\/td><td><p class=\"p-0 m-0\">98.7%<\/p><\/td><td><p class=\"p-0 m-0\">94%<\/p><\/td><\/tr><\/tbody><\/table><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-212a08c elementor-align-center elementor-widget elementor-widget-button\" data-id=\"212a08c\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/winfreycapital.com\/index.php\/investors-2\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">View Executive Summary<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-935d829 e-con-full e-flex e-con e-child\" data-id=\"935d829\" data-element_type=\"container\">\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>USD 459,000,000 Spent so far:\u00a0USD 49,700,000 Can spend more:\u00a0Yes California Assured repayment by:\u00a0Independent and credible feasibility study Submission Ready Indicators: LTV Expectation:\u00a090% Land\/Site:\u00a0Owned EPC Contracts:\u00a0Signed PPA\/OMA or other off-take agreements:\u00a0Signed Financial Projections: Completed and available BLC, a California developer of high-end luxury condominiums and rental condos with a verifiable track record of success is requesting [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2060,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","_kadence_starter_templates_imported_post":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-2059","page","type-page","status-publish","has-post-thumbnail","hentry","entry","has-media"],"_links":{"self":[{"href":"https:\/\/winfreycapital.com\/index.php\/wp-json\/wp\/v2\/pages\/2059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/winfreycapital.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/winfreycapital.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/winfreycapital.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/winfreycapital.com\/index.php\/wp-json\/wp\/v2\/comments?post=2059"}],"version-history":[{"count":13,"href":"https:\/\/winfreycapital.com\/index.php\/wp-json\/wp\/v2\/pages\/2059\/revisions"}],"predecessor-version":[{"id":2916,"href":"https:\/\/winfreycapital.com\/index.php\/wp-json\/wp\/v2\/pages\/2059\/revisions\/2916"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/winfreycapital.com\/index.php\/wp-json\/wp\/v2\/media\/2060"}],"wp:attachment":[{"href":"https:\/\/winfreycapital.com\/index.php\/wp-json\/wp\/v2\/media?parent=2059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/winfreycapital.com\/index.php\/wp-json\/wp\/v2\/categories?post=2059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/winfreycapital.com\/index.php\/wp-json\/wp\/v2\/tags?post=2059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}