Loans to Commercial Property Loans

Location: Napa, California
Funded: $834,000
Private Loan Type:Commercial Property Loan

Deal Highlights:

  • deferred maintenance and building improvements needed to qualify for a traditional refinance loan

  • needed a quick close to secure the appropriate contractors and get the work completed

Deal Summary:

Our borrower was in need of short-term capital to remedy deferred maintenance, and make several building improvements. We encountered a few items that needed to be cleared up on Title, (which we were able to address on behalf of the borrower), and got the loan funded in record time.

Deal Details:

  • Property Type – Mixed use commercial

  • Lien Position – First Mortgage

  • Loan-to-Value – 40%

  • Loan Term – 6 months

More Deals by HCS Equity

HCS Equity is a private money lender based in Carmel, California, specialized in loans for trust & estate property.

Napa Commercial Building Rehab

August 31st, 2023|0 Comments

Loans to Commercial Property Loans Location: Napa, California Funded: $834,000 Private Loan Type:Commercial Property Loan Deal Highlights: deferred maintenance and building improvements needed to qualify for a traditional refinance loan

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Contact us today for more information regarding any of our loan products. As direct lenders, we make quick approval decisions, and can provide funding in as little as 7-10 days. We are available via phone or email anytime of the day or night.