Bridge Loan for Berkeley Multifamily Property Purchase & Rehab

Funded by Security Financial Services

$1,500,000

Deal Details

Private Loan Type

Commercial Property Value Add

Approx. Funding Date

09/15/2017

Property Type
Multifamily
Property City

Berkeley

Property State

CA

Interest Rate

%

Origination Points

%

Deal Summary

$1,150,000 (Purchase 1st), $350,000 (Rehab 2nd), 6-Unit Multifamily Purchase and Rehab, 75% LTC, 12-month term

Funded By

Security Financial Services

Direct Lender for Northern California Property Investors | Established 1943