Huntington Park, CA
Commercial Property Value Add01/26/2019
SDC Capital provided a $806,250 acquisition loan (75% LTV) secured by a multi-family property located in Huntington Park, California. The property did not meet traditional financing income requirements. Their exit strategy is to refinance with a bank once the property is renovated and subsequently leased at current market rents. This bridge loan was funded in January 2019.