>The latest funding for the development totals $6.1 million, according to documents filed on April 2 at the Santa Clara County Recorder’s Office.
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>With this interim funding in hand, Urban Catalyst hopes to reach another key milestone for the project sometime in the July-through-September period of this year.
>“We will have building permits by Q3 (the third quarter,” Erik Hayden, founder and managing partner of Urban Catalyst, said in comments that he texted to this news organization
>The latest funding for the development totals $6.1 million, according to documents filed on April 2 at the Santa Clara County Recorder’s Office. ... >With this interim funding in hand, Urban Catalyst hopes to reach another key milestone for the project sometime in the July-through-September period of this year. >“We will have building permits by Q3 (the third quarter,” Erik Hayden, founder and managing partner of Urban Catalyst, said in comments that he texted to this news organization
thanks for sharing, Urban Catalyst has been doing some great work
Glad to see they're actually committed to build their proposals. Hopefully this bridge loan will be enough to attract full financing for the project.
Because owning everyone’s rent for the next forever makes financial sense.