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Writer's pictureE Penda.

EBSC Lending, a direct private lender, has successfully funded a $17.9 million loan in Bel Air, CA.

EBSC Lending, a direct private lender, has successfully funded a $17.9 million loan on a $19 million acquisition price for a stunning hilltop property in Bel Air, California. This loan was orchestrated by the team at EBSC Lending in order to bridge the equity gap that was needed along with the current debt on the property. The unique site is a promontory lot in the heart of Bel Air, California with panoramic views from Downtown LA down to the Pacific Ocean, and has not been on the market for over 40 years. In fact, the home has some celebrity history being previously owned by a family member of Fleetwood Mac. The team plans to construct a new 15,000 square foot state of the art estate on the lot with ultimate privacy and are expected to sell the property north of $30 million USD once complete. The Bravo TV team plans on featuring the process of the development on the new season of Million Dollar Listing Los Angeles in the upcoming year.


EBSC Lending is an asset-based private lender and asset management company in the business of deploying capital. Throughout its 3-year history, EBSC Lending has funded hundreds of millions of dollars in loans through a variety of real estate transactions. They are looking forward to this particular development with such a prolific expert developer.



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