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$1,680,000 – Inglewood Industrial Acquisition



​Loan Amount

​$1,680,000

​Transaction

​Acquisition

​Collateral

12,400 square foot industrial property

​Location

Inglewood, California

​Purpose of Loan

​Acquisition of tenanted industrial property with billboard income.

​Exit Strategy

Hold long term and refinance conventionally.

​Long Term

​12 Months

​Rate

​8.90% interest only

​Additional Terms

​No prepayment penalty. No yield maintenance. Non-recourse.


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