Commercial Ground-Up Construction Loan for Business Park Development Hotbed in Desert Hot Springs, California

Funded by ReProp Financial

$1,200,000

Deal Details

Private Loan Type

Commercial Ground-Up Construction

Approx. Funding Date

06/26/2020

Property Type
Agricultural
Industrial
Property City

Desert Hot Springs

Property State

CA

Lien Type

1st Mortgage

Payment Type

Interest Only

Deal Highlights

We have references with many kinds of Borrowers- call to inquire!
Repeat Clients trust us and know we perform.

Deal Summary

Reprop Financial, a private money lender, funded a $1,200,000 commercial ground-up construction loan for development land in Desert Hot Springs, CA. Repeat Clients trust us and know we perform. The loan will either be paid off thru a sale or refinance into long-term financing once a tenant is in place. Repeat Clients trust us and know we perform. We have references with many kinds of Borrowers- call to inquire! This CRE ground-up construction loan was funded in June 2020.

Funded By

ReProp Financial

Private Money for Real Estate Investors Since 1978