Lake Arrowhead

Lake Arrowhead Resort

Location: Lake Arrowhead, CA

Loan Amount: $16M

Loan Type: Acquisition

Property Type: Hotel

Challenge iBorrow Solved:

The borrower needed a quick close during Covid. Due to the unprecedented nature of the pandemic, other lenders were not lending on typical resort properties.

iBorrow was able to structure a loan to meet the borrower’s equity needs and return expectations. Additionally, iBorrow was able to provide enough term to gain occupancy and get through the shut down/pandemic.