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Top California Lender Closes $16.3 Million Construction Loan in Baltimore

10-09-2025 12:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Top California Lender

Top California Lender Closes $16.3 Million Construction Loan in Baltimore

Top California Lender Closes $16.3 Million Construction Loan in Baltimore

Baltimore, MD - October 7, 2025 - Top California Lender closed a $16.3 million construction loan to finance the redevelopment of an existing building in Pikesville, a thriving neighborhood in Baltimore County, into a modern assisted living facility. The project will transform the historic property into a resident-focused community, serving seniors in Pikesville, Owings Mills, and surrounding neighborhoods. The development will feature state-of-the-art living spaces, enhanced services, and sustainable design, creating a safe, comfortable, and engaging environment for residents.

The loan, secured at a competitive interest rate with an interest reserve included, demonstrates Top California Lender's commitment to providing flexible, high-value financing for complex projects nationwide. This funding supports the borrower, a seasoned developer with extensive experience in senior living and healthcare projects, in delivering a facility that revitalizes the property and strengthens the local community.

"Demand for assisted living in Pikesville and surrounding areas is growing rapidly," said Jerry Dean, Chief Executive Officer of Top California Lender. "We are proud to provide the financing that empowers developers to deliver meaningful, community-focused projects that benefit both residents and the neighborhood."

For more information about Top California Lender's loan programs, including Rehab/Renovation Loans, Construction Loans, Bridge Loans, Commercial Acquisition Loans, and Change of Use Loans, visit https://www.topcalifornialender.com or contact info@topcalifornialender.com.

401 Wilshire Blvd, Santa Monica, CA 90401-1416

Founded with a mission to bridge the gap between borrowers and financial solutions, Top California Lender has become a trusted name in private lending. Our journey began when a group of seasoned finance professionals recognized the need for a lending partner that truly understands the unique challenges faced by individuals and businesses in California. With years of experience and a deep understanding of the financial landscape, we set out to create a company built on trust, flexibility, and personalized service. ​​​

What started as a small team committed to providing bespoke lending solutions has now evolved into a dynamic organization serving diverse clients across the state. Our commitment to transparency and integrity has been the cornerstone of our growth.

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