Land Acquisition Loan on Pacific Coast Highway with 10% down

First Financial Capital has successfully financed the acquisition of land entitled for the development of a car wash. The property, located in Long Beach on Pacific Coast Highway, spans approximately half an acre and is strategically situated adjacent to the borrower’s existing gas station, making it a key asset to enhance their portfolio. The purchase price of the property is $4.4 million, with a loan amount of $6.175 million.

This complex transaction involved refinancing additional collateral while securing the deal with only a 10% capital injection. Our team executed and closed the transaction in just 30 days, ensuring a seamless and efficient process for the borrower.