Deal Details
Private Loan Type
Purchase
Approx. Funding Date
06/07/2021
Property Type
Single Family Residence
Property City
Los Gatos
Property State
CA
Lien Type
1st Mortgage
Payment Type
Interest Only
Source of Borrower's Contribution
Cash
Deal Summary
Center Street Lending, a direct private lending firm, funded a 1st lien position $2,655,000 bridge loan for the acquisition of a single-family residence in Los Gatos, CA. Fantastic property with a wonderful location! The subject property features an exceptional layout with 4 bedroom 2.5 bath with endless possibilities on a spacious lot. This SFR bridge loan was funded in June 2021.