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Luxury Home in Tempe, Arizona
Loan Amount: $200,000 Rate: 7.99% Appraisal Value: $510,000 Term: 6 months Lien Position: First This property was purchased by the borrower, a developer, a few months ago and was completely renovated. The borrower owned it free and clear of encumbrances and needed a...
Light-Industrial Properties in Ventura
Loan Amount: $1,000,000 Appraisal Value: $ 2,000,000 Term: 24 months Lien Position: First This transaction involved cross-collateralized loans, collateral in different states and multiple long term-tenants. The borrower was in the process of restructuring and...
