Deal Status

Active

Property Address

445 S Cedar Avenue, Fresno California 93702

Requested Loan Amount

$6,300,000

Loan to Value

60%

Loan Term

12 months

Lien Position

1st

Collateral Type

Commercial Property

Exit Strategy

Sale of Subject Property

Collateral and Loan Details

Commercial Property Type

Healthcare

Healthcare Property Types

Hospital

Number of Units

30

Current Occupancy

Tenant Occupied

Current Occupancy Percentage

100

Loan Type

Acquisition

Has property been located?

Yes

Preferred Closing Date

12/12/2019

Purchase Price

$10,500,000

Purchase Contribution

$4,200,000

Purchase Contribution Source

Own Cash

Loan to Cost

65%

Purchase Plan

Sell It

Will additional properties be collateralized?

No

Borrower Entity

Individual(s)

Borrower Credit Rating

Excellent

Comments

Located on the NEC of S. Cedar Ave. and E. Kings Canyon Rd; Better known as “University Medical Center Campus”

First Name

Braxton

Last Name

Ehle

Phone Number

(602) 550-1844

Company

CMPG

Role

Mortgage Broker

Location

Westminster, Colorado

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