100% LTV Gas Station Acquisition Loan in San Mateo County

Closed September 2021

Property Type: Gas Station
Area: San Mateo County
Purpose: Acquisition Loan
Brand: Unbranded

* To protect privacy, image may not be of the described site.

First Financial Capital successfully financed the acquisition of a gas station located in San Mateo County in 3 weeks.

Resting on roughly a half-acre, this gas station transaction occurred off-market. FFC's client is a seasoned operator in the gas station industry and pledged collateral in order to obtain 100% financing for this acquisition.

The complexity of this transaction involved urgency in order to meet 1031 requirements. From the date that the borrower had sent in the loan request, in two weeks, FFC utilized their network in order to obtain an MAI appraisal report allowing for this transaction to complete in 3 weeks.

Have a similar deal?

Talk to the team that closed this deal

We closed this gas station acquisition loan in San Mateo County. Tell us about yours.

Tell us about your deal Call (310) 694-5060

Related Financings

$3.6M Oakland Area Gas Station Financing

October 2021

First Financial Capital provided acquisition financing for purchase of an unbranded gas station and c-store in Oakland, California. First Financial Capital is pleased to have helped the borrower make the acquisition.

70% LTV Quick Gas Station Loan and Carwash Loan; California Central Coast

September 2021

First Financial Capital has successfully funded the acquisition loan for an unbranded gas station and free standing car wash located in Santa Maria, California. On roughly a half acre of land, the subject property included an updated 70 foot long car wash tunnel and room to improve the [C-store (...

Acquisition Loan for Unbranded Gas Station 85% LTV

October 2021

First Financial Capital has successfully provided an acquisition loan at 85.00% LTV (Loan to Value) for an unbranded gas station located in northern California. Our borrower is a seasoned gas station operator and had received a branding proposal from the future franchisor prior to the acquisition of the property. With...

Acquisition Loan for Unbranded Gas Station; 89% LTV

September 2020

First Financial Capital has successfully completed financing for the acquisition of an unbranded service station located in northern California in the amount of $1,600,000. FFC was able to finance the borrower at almost 90% [LTV (loan to value)](https://firstfincap.com/articles/loan-to-value-ltv) with favorable terms and no prepayment penalties.

Have a deal? Tell us about it.

We are a direct lender. Describe the scenario and we will tell you whether we can finance it.

Submit a deal Or contact us

Our office

First Financial Capital
9255 Sunset Blvd, Ste 800
West Hollywood, CA 90069
Contact
(310) 694-5060