Orchard Construction Loan
The Orchard Construction Loan at Highland Hills is a 73 lot single family development located in Highland, CA just north of the City of Redlands near the 210 Freeway. Due to the project’s location, it also benefits from Redlands’ well-regarded school district. Diversified Pacific is the builder and borrower on the project and has a proven track record in the Inland Empire.
Kraemer Land Company was approached by the existing lender to participate in a portion of the loan so they could continue to lend to Diversified due to caps on capital allocation to a single borrower imposed by financial regulators thereby allowing the lender to preserve their relationship with the borrower.