RECENT TRANSACTIONS

$9,570,000 Costa Mesa Office Building

Loan Amount $9,570,000 Transaction Acquisition Collateral 65,728 square foot office building on a 6 acre lot Location Costa Mesa, California Purpose of Loan Purchase vacant building, rehab, and lease up Exit Strategy Permanent debt upon stabilization Loan Term 24 months Interest Rate 7.90% [...]

$14,950,000 60-Unit Multifamily San Francisco

Loan Amount $14,950,000 Transaction Acquisition Collateral 60-unit apartment building with ground floor retail Location San Francisco, California Purpose of Loan Purchase property quickly in a competitive market Exit Strategy Permanent Debt (bank financing) Loan Term 12 months Interest Rate [...]

$4,630,000 Luxury Condos Rancho Palos Verdes

Loan Amount $4,630,000 Transaction Refinance Collateral 12 luxury condo units in a 28-unit building Location Rancho Palos Verdes, California Purpose of Loan Pay off maturing construction debt Exit Strategy Sale of individual units Loan Term 6 months Interest Rate 7.90% interest only Origination [...]

$7,500,000 Oakland Industrial Purchase

Lone Oak Fund provided a $7,500,000 first trust deed towards the $15,000,000 purchase of a value-add industrial building in Oakland, California. The 277,000 square foot property is on 5.0 acres of land in a prime industrial area. The 12-month Loan is priced at 7.90% interest only and 1.50 [...]

$6,000,000 San Carlos Retail Acquisition

Lone Oak Fund financed the acquisition of three separate retail properties in Downtown San Carlos. The investor used Lone Oak Fund’s fast close to complete a 1031 exchange. The $6,000,000 first trust deed is priced at 7.90% interest only for 12 months and 1.0 point. No prepayment penalty [...]

$3,750,000 Industrial Refinance in Van Nuys

Lone Oak Fund closed a $3,750,000 refinance of a 35,500 square foot owner-user production studio in Van Nuys, California. Funds were used to pay off existing debt plus renovation of the subject property. The 58% LTV, 24-month loan is priced at 7.90% for the first year and 8.30% for the second [...]

$10,900,000 San Diego Assemblage

Lone Oak Fund closed a $10,900,000 first trust deed secured by an assemblage of four commercial parcels in the Balboa Park neighborhood of San Diego. The collateral includes: 36,263 square foot medical office building, 9-unit apartment building, and 2 surface parking lots on over an acre of [...]

$4,500,000 Coastal Multifamily Cross

Lone Oak Fund closed a $4,500,000 first trust deed on 3 coastal multifamily properties, totaling 26 units, in the Sunset Cliffs neighborhood of San Diego. All three apartment buildings are located a few blocks from the water. The investor acquired the apartments in 2015 in exchanges and pulled [...]

$5,500,000 Shopping Center Refinance

Lone Oak Fund provided a $5,500,000 first trust deed on a stabilized shopping center in Gardena, California. The owner of the property used the proceeds to pay off an existing loan and recoup funds from a partner buy-out. The 53,205 square foot retail center on a 3.54 acre lot is anchored by a [...]

$2M Cash-Out Refinance of Apartment Building

A seasoned real estate investor utilized Lone Oak Fund’s fast close to quickly pull $2,000,000 out of a free & clear multifamily property in upscale Menlo Park. The proceeds will be used to acquire another investment property in an all cash transaction. The 6-unit subject property is [...]