In this transaction we were able to facilitate the payoff of a minor ownership percentage of the subject property. We were able to allow for a modest amount of cash out in the face of numerous financial issues.
LTV: 65%
Term: 5 Year fixed loan amortized over 25 years
Rate: 5.00%
Prepay: 5,4,3,2,1 step down
San Diego Commercial & Business Financing is proud to present the funding of our largest transaction to date. The subject property is located in the affluent community of Carmel Valley. Property included approximately 40,000 square feet of high end medical office space plus additional parking structure. The transaction was funded by Sr. Vice President Shawn Harris, assisted by BDO Gary Davis.