Deal Details
Private Loan Type
Commercial Long Term
Approx. Funding Date
05/20/2018
Property Type
Retail
Property City
San Diego
Property State
CA
Lien Type
1st Mortgage
Payment Type
Interest Only
Exit Strategy
Conventional Loan
Deal Summary
TaliMar Financial, a hard money lender, funded a $1,295,000 1st lien position long-term rental loan for a commercial retail center in San Diego, CA. The Borrower intends to refinance our loan with conventional financing at a later date. This CRE long-term loan was funded in May 2018.