• Loan Amount: $700,000
• Rate: 6.75%
• Appraisal Value: $ 1,325,000
• Term: 36 months
• Lien Position: First

Our borrower could not find a lender on this unique rental concept – cooperative space for artists in Marin County. This is a commercial property located in an Industrial Park off of Hwy 101 in San Rafael and is one of two properties we financed for owner. This is a fixed rate commercial loan at 6.75%. Single or odd purpose tenanted properties – no problem.