Industrial Property In Oakland, CA

Loan Type:
Bridge Loan
Loan Amount:
$3,600,000
Loan Term:
2 YR
Amortization:
Interest Only
Recourse:
Recourse
LTV:
44%

Challenges

• The borrower had a maturing loan and they needed to pay off existing lender in a short amount of time.
• They needed to refinance out of current loan.

Solutions

• Money360 developed a structure to complete the pre-development work.
• Understanding the unique housing requirements in the city of Oakland and all interested parties helped achieve the goal of the city and sponsor.

David Christensen

Money360

View Bio

Related Deals

Subscribe to Our Newsletter

Stay up to date on the latest CRE news and trends