Deal Status

Active

Property Address

700 Kunzler Ranch Rd

Ukiah, California

95482

Requested Loan Amount

3400000

Loan to Value

51

Loan Term

24

Lien Position

1st

Collateral Type

Commercial Property

Exit Strategy

Refinance

Commercial Property Type

Industrial

Industrial Property Types

Manufacturing

Cannabis Business

No

Number of Units

2

Current Occupancy

Owner Occupied

Current Occupancy Percentage

100

Loan Type

Refinance

Square Footage

436035.06

Existing Mortgages

  • 1st

Equity Cash Out

Yes

Equity Cash Out Purpose

Improve Subject Property

Equity Cash Out Details

Facility used to operate their company, increases security in the collateral vehicle being used.

Appraisal

Yes

Appraisal Date

01/13/2017

Lot Size

10.01

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Good

First Name

Pedro

Last Name

Marrero

Company

Engel & Voelkers Orlando Downtown

Role

Mortgage Broker

Location

Orlando
Florida
USA