Private Money Equity Cash-Out Loan for Napa County Retail Property in Saint Helena, California

Funded by Wilshire Quinn Capital, Inc.

$650,000

Deal Details

Private Loan Type

Equity Cash Out

Approx. Funding Date

04/08/2019

Property Type
Retail
Property City

Saint Helena

Property State

CA

Lien Type

1st Mortgage

Payment Type

Interest Only

Property Value

$1,435,000

Loan-to-Value

45%

Deal Summary

Wilshire Quinn Capital, a portfolio bridge lender, funded a $650,000 1st lien position equity cash-out refinance loan secured by a retail property in Saint Helena, Napa County, California. The commercial retail building is comprised of 2,880 square feet set in an 11,325 square-foot lot. The property was appraised at $1,435,000 so our total loan-to-value ratio is 45%. This CRE private money loan was funded in April 2019.

Funded By

Wilshire Quinn Capital, Inc.

Bridge Loans for Commercial and Residential Property Nationwide