Project Elevator Pitch
Confidential · For registered investors
Issued
2026-06-04
BLC
California · Commercial RE
Multi Family Luxury Condominium Housing Projects | Northern California
Commercial RE
Residential RE
Capital Sought
USD 459,000,000
Spent to date
USD 49,700,000
Country
California
Repayment
Independent and credible feasibility study
Submission Ready Indicators
LTV Expectation
90%
Land / Site
Owned
EPC Contracts
Signed
Off-take Agreements
Signed
Projections
Completed and available
This opportunity qualifies for Internationally A+-rated Insurance Wrap — elevating the debt element of project financing through the Lloyds-of-London insurance market.
About this opportunity
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’s 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.
Five-year projections
All figures in USD| USD | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Turnover | 3,375,000 | 3,375,000 | 192,637.627 | 62,658,161 | 16,570,000 |
| EBITDA | (236,804,245) | (171,142,255) | 156,046,072 | 61,858,161 | 15,570,005 |
| Margin % | 0 | 0 | 81% | 98.7% | 94% |
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Confidential — PFX Registered Investors Only · Not for redistribution
PFX / BLC / 2026-06-04