• Loan Amount: $1,000,000
• Rate: 5.99%
• Appraisal Value: $ 2,500,000
• Term: 36 months
• Lien Position: First

This loan fit the “Best-for-Best” program. The loan is collateralized by an equestrian estate consisting of a large high-end custom residence located on 10 park-like acres in the community of Agoura Hills. The rural location offers canyon and mountain views and is surrounded by State parklands severely limiting additional development. The proceeds of the loan were used to capitalize the borrower’s business.