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Loan Amount

$3,000,000

Acquisition Loan | 50% LTV | West Covina Gas Station

Property Type
Gas Station
Area
West Covina, CA
Purpose
Acquisition
Brand
Unbranded
$3,000,000 Acquisition Loan | 50% LTV | West Covina Gas Station

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First Financial Capital has closed a $3,000,000 acquisition loan secured by an unbranded gas station in West Covina, California, financing the $6,000,000 purchase at 50% LTV.

The property was in pre-foreclosure and required a fast closing. FFC structured, underwrote, and funded the loan in under two weeks of loan approval.

The borrower already owned several sites surrounding the subject property, making this a strategic acquisition to consolidate ownership of the surrounding area.

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