Retail – Quick Transitional Loan
San Joaquin, CA – $150,000 ReProp structured a two part loan, the first to take care of the borrowers’ pressing needs to dissolve a partnership; the 2nd to fulfill the borrowers’ needs of improving the subject property. We advanced funds to the...
Complex Land Lease Loan
Santa Clara County, CA – $3,500,000 This was an extraordinarily complex transaction that required a team of two law firms, borrowers located in CA and MI, five different legal entities, and ReProp staff willing to work over the Labor Day weekend to put together...
Helping During the Credit Crunch
Los Angeles County, CA – $770,000 Our borrower began construction on a new home in Los Angeles, anticipating that a bank would step in with construction financing when he was ready. Although very well qualified with a bonified takeout loan comitment, our...
Flexible Terms for Non-Traditional Property
Humboldt County, CA – $350,000 ReProp funded a first lien on an excessive acreage, rural two-parcel property that had two separate dwellings. Rather than declining the loan since the existing manufactured home was not on a county recognized foundation, we funded...
