Deal Details
Private Loan Type
Refinance
Approx. Funding Date
08/14/2015
Property Type
Vehicle Parking
Property City
Los Angeles
Property State
CA
Loan Term (months)
12
Lien Type
1st Mortgage
Loan-to-Value
57%
Deal Summary
Wilshire Quinn Capital, a portfolio bridge lender, funded a $2,800,000 1st lien position bridge loan secured by a parking lot in Downtown Los Angeles, CA. Our loan-to-value was 57%. The loan term was set at 12 months. This refinance bridge loan was funded in October 2015.