Retail/Office/Land

Loan Highlights

  • Location: San Fernando, CA
  • Product Type: Retail/Office/Land
  • Loan Amount: $7,200,000

Description

Retail/Office/Land

Revere Capital funded a $7,200,000 loan secured by a first lien on two commercial buildings and two land parcels located in San Fernando, CA.

• A portion of the collateral consists of a historic property in the city

• Borrower intends to complete renovations for both properties

• Proceeds were used to refinance existing loans and for capital improvements