1. Planning Entitlements: We had a successful meeting with all reviewers at the City to discuss the project and get their early feedbacks/comments, most of the questions regarding the comments received were addressed and our architect updated the site plan accordingly.
We are now working on finalizing renders, civil and landscaping plans and expect to resubmit this week. We are trying to get on Planning commission agenda on September end.
2.Finance- We are working with 2 lenders currently in order to get the loan refinanced. Also, we are awaiting the entitlements approval to go ahead and secure a pre- construction loan for the Building Permits Phase.