Financing on Industrial / Flex property in South San Francisco, CA
• The Borrowers needed to close quickly on the purchase of the property, allowing them to also finalize the terms of the lease with the new tenant.
• The transaction closed in less than 1 month.
• Loan Amount: $2,950,000
• Loan Term: 12 Months
• Loan Position: 1st Deed of Trust
• LTV: 62%
Quote from Borrower: “You guys were great to work with, Stephanie was on top of things. Easiest closing I’ve had in a long while. Hope to do more with you guys” -K.L.