Loans to
Trusts and Estates
Location: Berkeley, CA
Funded: $1,237,000
Private Loan Type: Trust Loan

Deal Highlights:
Deal Summary:
This matter consisted of two properties, which were to be distributed on a share and share alike basis between the two beneficiaries. One of the beneficiaries had moved out of state, and had no interest in taking ownership of either property. In order to equalize the trust, we provided a trust equalization loan cross-collateralized by both properties, which infused sufficient liquidity into the trust to make an equal distribution of assets. One beneficiary received their share in the form of cash, and the other took title to the properties subject to the trust loan. From there each property was refinanced, and our loan was repaid.
Deal Details:
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HCS Equity is a private money lender based in Carmel, California, specialized in loans for trust & estate property.
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