Commercial Line of Credit – Multi Family
Humboldt County, CA- $165,000 Our borrowers were looking for a cost-effective way to finance improvements to certain rental properties they owned. Our CCLOC+ (Convertible Commerical Line of Credit+) allowed them to use equity in a 5-plex for a line of credit which...
Mixed Collateral
Long Beach and Fresno County, CA – $420,000 A Long Beach real estate investor looking to purchase distressed residential properties needed to leverage other commercial real estate owned. Reprop was able to provide a two part refinance secured by single tenant...
Art Studio Space
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...
Body Shop – Commercial Line of Credit
Placer County, CA – $450,000 This borrower needed a line of credit to assist with their business operations. While their primary business showed recent losses due to circumstances outside their control, their business property had attributes that allowed us to...
