Bridge Loan to close escrow on Multi-Tenant offices
Loan Amount * $1,400,000 Rate * 7.99% Appraised Value * $3,640,000 Term * 12 Months, Interest Only Lien Position * First Our borrowers were considered too large for an SBA loan by affiliation. They are well collateralized with corporate and personal guarantees. They...
New Owners reviving neighborhood restaurant
Loan Amount * $414,000 Rate * 9.99% Appraised Value * $690,000 Term * 15 year recast amortizing Lien Position * First Successful restauranteurs sought our financing to secure this location. We were able to help them manage payments by starting with interest only...
Interstate Shipping Development in Southern California
Loan Amount * $1,340,000 Rate * 9.99% Appraised Value * $3,580,000 Term * 12 Months, Interest Only Lien Position * First A repeat borrower of ours was in contract to purchase the subject property in an off the market transaction. The location was great for light...
Desert Mansion with land development value
Loan Amount * $4,000,000 Rate * 8.99% Appraised Value * $9,750,000 Term * 12 Months, Interest Only Lien Position * First Our borrower is a real estate broker and developer in the greater Scottsdale area of Arizona. We were able to provide the financing for the...
