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Loan Amount

$5,165,000

90% LTV Cross Collateralization for Construction & Acquisition Loan

Property Type
Confidential
Area
East Los Angeles
Purpose
Acquisition Loan & Construction Loan
Brand
N/A
90% LTV Cross Collateralization for Construction & Acquisition Loan

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First Financial Capital has successfully completed financing for the construction of a carwash and the future acquisition of another asset within 14 days.

FFC designed this loan specifically for our client to be divided into two installments; the first installment to pay off existing land debt & finance the construction of a carwash. The second installment will serve as a pledge to our client to go directly to escrow to fund the future acquisition of another asset. This gives our borrower the ability to pursue the acquisition of other assets in confidence.

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We closed this commercial property acquisition loan & construction loan in East Los Angeles. Tell us about yours.

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Our office

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