NOTE PURCHASE ON WAREHOUSE IN HUMBOLDT COUNTY, CA
Loan Amount: * $1,780,000.00 Rate: * 11.50% Appraisal Value: * $3,350,000.00 Term: * 48 months, IO Lien Position: * First Our Borrower had defaulted on his note with a local financial institution. After working thru difficult times, the owner was able to lease the...
Multnomah County, OR Warehouse
Loan Amount * $1,000,000.00 Rate * 8.99% Combined Appraised Value * $1,935,000.00 Term * 60 months Lien Position * First Our borrowers have owned and managed this warehouse for over 10 years. Their loan was coming due with the bank and were unable to negotiate an...
Fresno Car Wash
Loan Amount * $520,000.00 Rate * 7.99% (12)/ 8.99% (24) Appraisal Value * $1,040,000 Term * 36 months Lien Position * First Our borrowers are real estate investors throughout mid and southern California and owned this car wash free and clear. We were able to provide a...
Equestrian Facility in Clackamas County, OR
Loan Amount: $675,000 Rate: 9.75% Appraisal Value: $1,125,000 Term: 15 Years Fully Amortizing Lien Position: First Our borrowers purchased this equestrian facility and need to refinance it. We were able to place them into a long term, fully amortizing loan. We also...
