Western Real Estate Business

JUN 2018

Western Real Estate Business magazine covers the multifamily, retail, office, healthcare, industrial and hospitality sectors in the Western United States.

Issue link: https://westernrealestatebusiness.epubxp.com/i/993830

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Page 8 of 50

F I N A N C E 6 • June 2018 • Western Real Estate Business www.REBusinessOnline.com PROPERTY CLASS LOCATION (CITY, STATE) SIZE AMOUNT LENDER ARRANGED BY Lakehouse on 17th Multifamily Denver 196 units $83 million Undisclosed National Bank HFF Four Medical Office Buildings Medical Office San Diego, Encinitas, and Temecula, Calif. 155,000 SF $44 million Undisclosed Pacific Southwest Realty Services Andara Senior Living Seniors Housing Scottsdale, Ariz. 170 units $37 million Freddie Mac CBRE 15501 Red Hill Ave. Office & Retail Tustin, Calif. 44,123 SF $9.3 million Undisclosed Continental Partners Appletree Village Apartments Multifamily North Hills, Calif. 125 units $9 million Undisclosed Greysteel 362 North Camden Dr. Retail Beverly Hills, Calif. 7,200 SF $7.75 million Undisclosed Balance Sheet Lender Meridian Capital Group 26195 Pacific Highway South Mixed-use Redondo, Wash. 7.89 acres $3.185 million Kennedy Funding Financial Undisclosed FINANCIAL SCOREBOARD Loans Recently Closed For Western Properties California's Premier Direct Private Money Lender Providing Equity-Based Lending For Real Estate Properties Investors | rehabbers | CorporatIons | probate estates | brIdge FInanCIng Stated Business Purpose Loans on Resident Properties (SFR, condo, PUD, 1-4 units) • Stated on O/O, N/O/O & Invest. • Refinances up to 65% LTV, $50K to $5 million • Purchases up to 70% LTV, min loan amount $50k to $5 million • Loan terms from 6 months to 10 years, fixed or amortized options available • Rates from 7.99% and up • 2nd position loans on O/O and N/O/O properties up to 60% CLTV • 5-7 day closing available • No appraisal options available Stated Apartments and Units (5+ residential units) • Up to 70% LTV on refinance and purchases • Loan limits $50K to $5 million • Stated & No Doc options available • Loan terms: 1 year, 3 year, 5 year, 7 year and 10 year, fixed IO or fully amortized • 2nd position loan available for commercial products up to 60% CLTV • 5-7 day closing available • No appraisal programs available Commercial (industrial, retail, warehouse, mix-use, gas station, auto related, manufacturing and etc) • Up to 60% LTV on refinances • Up to 60-70% LTV on purchases • Terms from 1 to 5 years, fixed or amortized Land Loan (max ltv 35% refinance, 50% purchase) CALL FOR DETAILS 877-686-6565 Office • 866-318-4471 Direct Fax • www.CalHardMoney.com • info@CalHardMoney.com PB Financial Group Corp NMLS #357614 / PB Financial Group Corp BRE # 01522495 Disclosures: **Per FDIC Regulations Section 6500, Part 226, Subpart C, 226.24. The amount of each payment that will apply over the term of the loan is based on simple annual interest applied to the unpaid balance. Loans range from 1 day to 60 months, are interest only and include a balloon payment due at term. Finance charges apply. Payments do not include amounts for property taxes or insurance premiums. This is not a commitment to lend. Rates and points are subject to change without notice.

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