• (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610
  • (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610

9 Unit Office Building

Another Successful Funded Loan

  • $600,000
  • 5 Year Fixed @ 5.500%
  • C/O Refinance-73% LTV
  • 9 Units
  • Office Building
  • South Gate, CA

ASSIGNMENT:

Refinance, cash out and consolidate debt.

CHALLENGE:

Recently stabilized, over leveraged on debt and location.

SOLUTION:

Proposed paying debt with proceeds and hold back for reserves.