Skip to main content

Loan Amount

$20,700,000

45 Day Acquisition Financing - $20.7M - Truck Stop in Bakersfield, CA

Property Type
Truck Stop
Area
Bakersfield
Purpose
Acquisition
45 Day Acquisition Financing - $20.7M - Truck Stop in Bakersfield, CA

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

First Financial Capital is proud to announce the successful financing of a 12.48-acre, state-of-the-art truck stop and travel center located in Bakersfield, CA. The property features two 2,500-square-foot commercial spaces and an impressive 80 Tesla Supercharging stations, making it a prime destination for commuters traveling along the I-5 freeway.

This complex transaction involved the consolidation of debt across four other collateral properties. While the purchase price of the property was $17.5 million, our team successfully structured and closed a total loan amount of $20.7 million, ensuring our client had the resources needed for a smooth acquisition.

Our team delivered acquisition financing within 45 days of engagement, demonstrating our commitment to efficient execution paired with our deep-rooted knowledge in the industry.

Have a similar deal?

Talk to the team that closed this deal

We closed this truck stop acquisition financing in Bakersfield. Tell us about yours.

Construction Financing for a Truck-stop/Travel Center Ground Up Development; 78% LTC

First Financial Capital had successfully completed construction financing for a 16-acre travel-center & truck-stop development in the San Joaquin Valley, California in the amount of $11,450,000; 78% [LTC (loan to cost)](https://www.firstfincap.com/articles/loan-to-cost-ltc). FFC was able to provide the borrowers with their first loan disbursement within two weeks of receiving a fully...

Read more

Just Closed: $11MM Chevron Acquisition in Salinas, CA with 100% LTV

First Financial Capital is proud to announce the successful closing of a $11MM loan for the purchase of a Chevron in Salinas, CA – with 100% LTV financing. We worked closely with our existing client to structure a tailored financing solution, leveraging other sites in their portfolio to secure maximum...

Read more

FFC Funds $8M Bridge Loan for Laguna Beach Boutique Hotel

First Financial Capital has closed an $8,000,000 bridge loan secured by a 68-room boutique hotel in beautiful Laguna Beach, California. The facility was structured, underwritten, and funded in under a week. The transaction reflects FFC's continued focus on speed and certainty-of-execution.

Read more

$6MM Funded for Class A office in Northern California

First Financial Capital is proud to have financed the acquisition of a premier Class A office building in Walnut Creek, CA for an existing client. This $6,000,000 transaction was successfully closed in just 30 days. The penthouse level of the building will soon become our client’s new corporate headquarters.

Read more

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.

Our office

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