San Francisco, CA

$4,200,000

Commercial Land, Mixed-Use

Refinance

12/24/2018
Transaction by
LBC Capital Income Fund, LLC
This was a $4.2M first trust deed loan secured by 2 side by side commercial buildings. The borrower inherited the property from her parents and fell behind on payments. There were 2 abatements from the city of SF. With the trustee sale date scheduled for December 26, we were able to fund and close quickly, on December 24.