Berkeley, CA


Single Family Residence


Transaction by
Wilshire Quinn Capital, Inc.
Wilshire Quinn Capital provided a $925,000 refinance loan secured by a residential investment property in Berkeley, Alameda County, California. The single-family residence, located in the Northwest Berkeley neighborhood, is comprised of 2,026 square-feet on a 4,400 square-foot lot. The property has been remodeled and appraised this month for $1,800,000 so the loan-to-value ratio is 51 percent. The borrower plans to utilize the property as a full-time rental.