Office Property In Rocklin, CA

Loan Type:
Bridge Loan
Loan Amount:
$4,000,000
Loan Term:
2 YR
Amortization:
Interest Only
Recourse:
Recourse
LTV:
66%

Challenges

Money360 recently funded this $3.9 million loan to provide purchase money financing for a 39,869-square foot, single story, single tenant office building.
They had a hard deadline and needed to close.

Solutions

Certainty of execution. That is all the broker cared about, he knew we would get the deal done by his deadline.

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