$9,570,000 Costa Mesa Office Building2017-03-212017-03-21https://www.loneoakfund.com/wp-content/uploads/2018/04/lone-oak-fund-logo.pngLone Oak Fundhttps://www.loneoakfund.com/wp-content/uploads/2017/03/costa-mesa.jpg200px200px
65,728 square foot office building on a 6 acre lot
Costa Mesa, California
Purpose of Loan
Purchase vacant building, rehab, and lease up
Permanent debt upon stabilization
7.90% interest only months 1-12; 8.30% interest only months 13-24
No prepayment penalty. No yield maintenance. Non-recourse.