Purchase Bridge Loan for Commercial Property in San Diego, California

Funded by Wilshire Quinn Capital, Inc.

$4,500,000

Deal Details

Private Loan Type

Purchase

Approx. Funding Date

03/15/2016

Property Type
Office
Property City

San Diego

Property State

CA

Loan Term (months)

12

Lien Type

1st Mortgage

Payment Type

Interest Only

Loan-to-Value

54%

Deal Summary

Wilshire Quinn Capital, a portfolio bridge lender, funded a $4,500,000 1st lien position bridge loan for the acquisition of an office building in San Diego, CA. Our loan-to-value was 54%. The loan term was set at 12 months. This CRE purchase bridge loan was funded in March 2016. 

Funded By

Wilshire Quinn Capital, Inc.

Bridge Loans for Commercial and Residential Property Nationwide