Deal Details
Private Loan Type
Purchase
Approx. Funding Date
07/30/2018
Property Type
Multifamily
Property City
Sacramento
Property State
CA
Lien Type
2nd Mortgage
Payment Type
Interest Only
Loan-to-Purchase Price
100%
Deal Summary
Greenbriar Holdings, a hard money lender based in Sacramento, funded a $900,000 2nd lien position bridge loan for the acquisition of a multifamily property in downtown Sacramento, California. We funded 100% of the purchase price. This purchase bridge loan was funded in July 2018.