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Deal Details
Private Loan Type
Refinance
Approx. Funding Date
08/02/2018
Property Type
Industrial
Property City
Glendale
Property State
CA
Lien Type
1st Mortgage
Payment Type
Interest Only
Deal Summary
Private Mortgage Fund, a direct California private lender, funded a $7,100,000 1st lien position refinance bridge loan for an industrial building in Glendale, California. The Borrower needed a short-term bridge loan with no prepayment penalty. This short-term refinance bridge loan was funded in August 2018.
Funded By
Private Mortgage Fund, LLC
CA Direct Lender Funding in Less Than 1 Week with No Prepayment Penalty