Relationship Manager: Nestor Correa, SVP Lending
Lender: Banc of California
Use of Proceeds: Working Captial

Economic Impact
Jobs Created: 0
Jobs Retained: 10

Senate District: 39
Assembly District: 78

Bothwell Co. specializes in the construction of luxury Multi-family, Residential, and Commercial properties. Residential and Multifamily construction consists of new construction, remodels, and design-build services. Commercial Construction targets wireless communication facilities, switch and data centers, Tesla Energy Stations, TI enhancements, and commercial ground-up construction, including pre-fab type sites and complete turnkey facilities. Approximately 90% of construction activity is ground vs 10% major remodels. The company targets to have two large construction projects underway each year. Currently, they have a project of five new townhomes in the Grand Del Mar San Diego with a contract value of $9MM scheduled to complete in August 2020. New projects include a 24 unit apartment building in Hillcrest with a contract value of $7MM starting in June of 2020.