College Terrace – Stanford University Rental Properties
Loan Amount: $940,000 Rate: 7.99% Appraisal Value: $ 3,900,000 Term: 24 months Lien Position: First Time was running out for this borrower who needed to refinance a sizable maturing loan that encumbered 3 rental properties in Palo Alto. The properties are located in...
C-Mart / Gas Station and Inventory
Loan Amount: $240,000 Rate: 8.75% Appraisal Value: $ 600,000 Term: 60 months Lien Position: First This transaction involved the acquisition of a gas station with C-Mart and respective inventories. We worked very closely with the borrower, the seller, the real estate...
Capital for New Business Venture
Loan Amount: $165,000 Rate: 8.99% Appraisal Value: $540,000 Term: 24 months Lien Position: First This borrower recently acquired a business in Humboldt County and needed liquidity to complete a renovation of the property and to cover start-up costs. The borrower owned...
San Diego Property by the Beach
Loan Amount: $430,000 Rate: 7.25% Appraisal Value: $1,050,000 Term: 36 months Lien Position: First The borrower needed to tap into the equity of his La Jolla home to fund the acquisition of investment...
