$11.3 Million|Mixed-Use

Challenges

• The borrower needed funds for the purchase and renovation of a vacant 43,000 square foot office building located in downtown Sacramento, CA.
• Their business plan included transforming the vacant building into a stabilized mixed-use office-retail property.

Solutions

• Money360 provided maximum proceeds at closing for the purchase and sufficient CapEx funds to renovate the building.
• The loan was structured to give the sponsor the ability to sucessfully implement their business plan.
• Money360 was awarded this deal based on certainty of execution; the borrower had issues with their previous lender and chose us because they knew we would deliver.